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    QUARTERLY NEWSLETTERS

    2025

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    Q1 2025

    Volatility Spikes and Markets Whipsaw as Tariffs, Economic and Geopolitical Tensions Unsettle InvestorssNew

    After two exceptionally strong years in US markets with consecutive 23%+ gains, domestic equities closed lower in the first quarter of 2025 amid heightened economic and political uncertainty.

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    QUARTERLY NEWSLETTERS

    2024

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    Q3 2024

    Q3: Record Highs in Stocks and Gold, Fed Cuts 50bps

    Q3 was a period of milestones in markets. Equities and Gold hit record highs, the Fed cut interest rates by 50bps for the first time since COVID, and the Yield Curve began a transformation back to normalcy.

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    Q4 2024

    Trump Trade Shakes Up Status Quo in Equity Markets, Rates Rise 60 Basis Points (bps) as Fed Cuts

    Despite a historic post-election rally and multiple record highs for the S&P 500, the index returned +2.39% in its weakest quarter of 2024, ending the year with a selloff across multiple sectors.

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