July Market Commentary: Calm Markets, Noisy Headlines

June Recap and July Outlook June brought a complex mix of market-moving headlines. Heightened geopolitical tensions, particularly U.S. involvement in Iran, coincided with continued uncertainty ...

June Market Commentary: The Limits of Data in an Ever-Changing Environment

May Recap and June Outlook May was a month of differing perspectives. Markets turned positive on a belief that a solution on tariffs would be ...

May Market Commentary: Does Volatility + Uncertainty Equal Recession?

April Recap and May Outlook April began with the shock of tariff announcements that were much more punitive than anticipated by businesses, markets, investors, and ...

April Market Commentary: A Shock to the System: Tariffs, Stagflation, and Market Corrections

March Recap and April Outlook The month started out on a positive note as CPI came in lower than expected, creating a brief respite from ...

Tariffs, Inflation, and Taxes: Where’s the Balance?

February Recap and March Outlook The new administration’s priority of “reindustrializing the U.S.” is coming into focus as tariff announcements – even if softened or ...

February Market Commentary: A New Administration Gets Down to Business

January Recap and February Outlook January seemed to go on forever, as the country faced extreme weather and devastating wildfires. The new administration got underway ...

January Market Commentary: Seems Like Old Times?

December Recap and January Outlook The inauguration of only the second U.S. president to win two non-consecutive terms (Grover Cleveland was the first) is historic ...

December Market Commentary: A New Regime Comes Into Focus

November Recap and December Outlook The transition to a new administration is underway with announcements of cabinet position nominees. The pro-business lean of the incoming ...

November Market Commentary: A Historic Election Removes Some Uncertainty

October Recap and November Outlook An election season with several twists and turns came to a not-unexpected end with the reelection of President Donald Trump. ...

October Market Commentary: A Volatile Start to the End of the Year?

September Recap and October Outlook September equity markets ended the month in positive territory, but with volatility increased. The VIX, the markets “fear index” closed ...