1Q 2025
Q1 2025 saw market volatility, with the S&P 500 declining due to concerns over inflation, tariff policies, and slowing economic growth. While earnings expectations remain positive, the uncertainty surrounding tariffs and potential stagflation has created a cautious outlook. International markets outperformed, challenging the notion of U.S. exceptionalism, while fixed income acted as a stabilizer. Diversification and focusing on high-quality stocks are crucial as we navigate these uncertain times.
April 3, 2025
Unexpectedly high tariffs unveiled by the new administration are adding pressure to markets, reinforcing the importance of a disciplined, risk-managed approach.