Weekly Market Commentary THE WEEK IN REVIEW: March 2-8, 2025 Tariff tantrums Remember the market’s “taper tantrum” back in 2013?1 There’s a lesson here from our not-too-distant history. After investors learned the Federal Reserve was slowly putting the brakes on its quantitative easing (QE) program, the markets freaked out. The primary concern was that the…

Weekly Market Commentary THE WEEK IN REVIEW: February 23, 2025 – March 1, 2025 Markets continue to stumble Last week was rough as markets fixated on negative news. The markets swooned as the administration announced tariffs would be imposed on Canada, Mexico and China on March 4, after it was determined not enough progress was…

Weekly Market Commentary THE WEEK IN REVIEW: Feb. 16-22, 2025 Markets post new records but retreat sharply to end week With markets closed last Monday for Presidents Day, the tug-of-war between tariffs and inflation versus earnings took a break as calm returned to the market in the first half of the week. We saw record…

Weekly Market Commentary THE WEEK IN REVIEW: Feb. 9-15, 2025 Inflation worries to join tariffs as a source of concern — it’s more than just eggs! In the past few weeks, there has been a tug-of-war between fears of what tariffs may do to the U.S. economy’s growth prospects versus strong fourth-quarter 2024 earnings. Both…

Weekly Market Commentary THE WEEK IN REVIEW: Feb. 2-8, 2025 Tariff turbulence As promised during the campaign, President Trump announced tariffs on Canada, China and Mexico.1 The move was meant to pressure the countries to help with the border (in the case of Mexico and Canada) and stop the flow of fentanyl into the U.S.…

Weekly Market Commentary THE WEEK IN REVIEW: Jan. 26 – Feb. 1, 2025 DeepSeek and China rattle markets The AI narrative suffered a bit of a shock last week, but markets recovered as the week progressed. What was all the hubbub about? A one-year-old start-up Chinese company most of us have never heard of, DeepSeek,…

Weekly Market Commentary THE WEEK IN REVIEW: January 19-25, 2025 Was it something he said? Markets continued their advance last week after being closed in observance of Martin Luther King, Jr.’s birthday on Monday — the same day that the new Trump administration assumed office in Washington, D.C. As soon as markets opened on Tuesday,…

Weekly Market Commentary THE WEEK IN REVIEW: Jan. 12-18, 2025 Markets perk up ahead of the inauguration After a fresh dose of optimism, some strong earnings and the inflation reports for December (which weren’t great but also weren’t horrible), the markets took off last week and reversed the recent slide to close out their best…

Weekly Market Commentary THE WEEK IN REVIEW: Jan. 5 – 11, 2025 Holiday joy didn’t linger into January Well, that was not an auspicious beginning to the year. The U.S. stock market retreated in the first full week of 2025 after starting off on an optimistic note due to speculation about softer Trump administration tariffs.…

Weekly Market Commentary THE WEEK IN REVIEW: Dec. 29, 2024 – Jan. 4, 2025 Markets limp into 2025 After ending its best two-year stretch from 1997 to 1998, the markets began 2025 much the same way they ended 2024.1 As we closed out the year, we expected money managers to engage in some profit-taking and…