Quarterly Insights – May 2025
The first quarter of 2025 proved to be a volatile ride with the U.S. stock market hitting new record highs to begin the quarter, followed by sharp declines precipitated by President Trump’s tariff announcements. International markets fared much better than the U.S., and fixed income also performed well, as investors sought safety amid the heightened […]
2025 1st Quarter Insights
EXECUTIVE SUMMARY Equity markets backed up 2023 strong gains with another stellar year in 2024, underpinned by healthy economic growth in the U.S. Fixed income portfolios recorded modestly positive returns for the year, with yields falling for short maturity issues and rising for bonds of longer duration. Resilience of the U.S. economy defied widespread expectations […]