Stocks: U.S. Indices Found Their Footing In The Lead-Up To The Tariff Announcement On Short Covering, But Pulled Back Sharply After; Important To Put The Pullback In Proper Context; Tariff Announcement Furthers The Case For Geographic, Currency Diversification.
Research
Asset Allocation | April 2025
History rarely remembers those who finish third. Yet if April finishes as it began, it will have the distinction of being the third most volatile month for the S&P 500 in as many decades
Weekly Market Commentary | April 28 2025
Stocks: U.S. Indices Found Their Footing In The Lead-Up To The Tariff Announcement On Short Covering, But Pulled Back Sharply After; Important To Put The Pullback In Proper Context; Tariff Announcement Furthers The Case For Geographic, Currency Diversification.
Weekly Market Commentary | April 14 2025
Stocks: U.S. Indices Found Their Footing In The Lead-Up To The Tariff Announcement On Short Covering, But Pulled Back Sharply After; Important To Put The Pullback In Proper Context; Tariff Announcement Furthers The Case For Geographic, Currency Diversification.
Medicaid’s Shrinking Safety Net
U.S. health policy should not have to fight for airtime, but with everyone’s attention focused on federal layoffs, trade policy, and immigration (the list goes on), probable deep cuts to Medicaid seem to have fallen below the fold.
Weekly Market Commentary | April 7 2025
Stocks: U.S. Large Cap Stocks End Four- Week Losing Streak With A Half-Hearted Bounce; Mid Still Favored Over Small; ‘Buy The Rumor, Sell The News’ Hits German Stocks As Fiscal Spending Plan Passes Parliament, But A Cyclical Upswing Abroad Is Still Likely.
Weekly Market Commentary | March 31 2025
Stocks: U.S. Large Cap Stocks End Four- Week Losing Streak With A Half-Hearted Bounce; Mid Still Favored Over Small; ‘Buy The Rumor, Sell The News’ Hits German Stocks As Fiscal Spending Plan Passes Parliament, But A Cyclical Upswing Abroad Is Still Likely.
Weekly Market Commentary | March 24 2025
Stocks: U.S. Large Cap Stocks End Four- Week Losing Streak With A Half-Hearted Bounce; Mid Still Favored Over Small; ‘Buy The Rumor, Sell The News’ Hits German Stocks As Fiscal Spending Plan Passes Parliament, But A Cyclical Upswing Abroad Is Still Likely.
Asset Allocation | March 2025
Uncertainty around policy and continued volatility. Over the past few months, we’ve cautioned that an uncertain and rapidly changing policy environment could weigh on economic activity and lead to heightened volatility in the financial markets.
Weekly Market Commentary | March 17 2025
Stocks: Investor Sentiment, Risk Appetite Subdued With Tariffs A Moving Target; U.S. Dollar Slides As Capital Flows From The U.S. To Europe, Allowing The Renaissance For Euro Area Stocks To Continue; Fiscal, Monetary Policies Supportive Of Further Gains For Euro Area, U.K. Equities.