News vs. noise The Federal Reserve reduced interest rates for the first time in nine months. Small-cap stocks outperformed large-cap stocks for the first time in quite a while. Market capitalization has not been a consistent determinant of returns in recent months. Overall market valuations remain elevated in certain sectors, yet the broader market [Read More]
Cut, Shut, and Rally 3Q25 was marked by the intersection of policy and markets. A government shutdown capped the quarter after partisan gridlock over spending priorities, while the Federal Reserve delivered its first rate cut in nine months. Equities extended their rally on the back of resilient earnings and an unusually strong September, a [Read More]
Retirement plan fiduciaries have a critical role in helping employees become retirement ready. With that opportunity also comes fiduciary duties and responsibilities, as well as potential individual and company-level liability if fiduciary responsibilities are not fulfilled. View this presentation to understand fiduciary process frameworks, who is a fiduciary, non-fiduciary plan functions, fiduciary duties & [Read More]
News vs. noise There’s continued noise that makes investors nervous and excited, including tariff policy, inflation rates as some of the biggest concerns. Stocks bounced back as tariff talk pulled back. Bond markets were solid, but the US is downgraded. Chance of recession is dropping but remains elevated. That and more in this quarter’s [Read More]
Tariffs, Tax Cuts, and “TACO”: What a Quarter! 2Q25 was marked by heightened policy uncertainty in the U.S., with debates over fiscal sustainability, aggressive trade measures, and growing pressure on monetary policy shaping market sentiment. Nevertheless, the market staged an astounding comeback, which played out against a complex policy backdrop highlighted by a U.S. [Read More]
View the 2025 market volatility review, to help you stay the course, by understanding more about market cycles, what’s driving current market fluctuations, how common volatility is, what the pitfalls are of changing strategies due to investor emotion, and how to think differently about long-term investing vs. short-term spending needs. [Read More]
News vs. noise Politics and tariff mania are making markets and consumers nervous, some markets are up and some are down but diversification is helping cushion returns, volatility is overdue and more normal than people think, and a special focus on volatility perspectives. That and more in this quarter’s Quarterly Context webinar …Watch to [Read More]
First 100 Days 1Q25 was anything but typical. The early months of President Trump’s second term delivered sweeping policy changes that heightened uncertainty across financial markets. From federal spending cuts to an aggressive shift in trade policy, the administration’s “shock-and-awe” approach generated volatility across asset classes, sent inflation expectations higher, and provoked a sharp [Read More]
News vs. noise There is a mix of are questions and uncertainty and excitement from different camps about unconventional policies with the upcoming administration in Washington, and the economic and market implications. Stock markets were bumpier in Q4, especially international stocks due to political and economic concerns and talks of tariffs in the US. [Read More]
Macroeconomic Environment Donald Trump’s election as the 47th president of the United States, along with a Republican sweep in Congress, set the tone for 4Q24. Despite mixed fourth quarter results driven by shifting monetary policies and fiscal uncertainties, 2024 concluded with strong annual returns supported by a resilient U.S. economy, advancements in artificial intelligence [Read More]
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