Archive
Archive for April, 2025
2025 Q1 Review and Outlook – The Tariff Tantrum
The market stumbled out of the gate in 2025 as stocks (as measured by the S&P 500 SPDR ETF – SPY) fell 4.6% during the first quarter. The U.S. bond market (as measured by the US Aggregate Bond ETF – AGG) gained 2.4%, and a 60% stock/40% bond portfolio declined 1.8%. In April, stocks fell…
Every Storm Runs out of Rain
As you all know by now, this past week, President Trump announced sweeping tariffs that mark a significant shift in global trade policy. These tariffs were much worse than many expected. President Trump introduced a baseline 10% tariff on all imports along with reciprocal tariffs targeting countries with perceived barriers to U.S. trade. These measures,…