Insights

Just 2 short weeks ago, we sent out a letter discussing how 2025 was the Year of Perpetual Change with at least 7 different major government policy events acting to delay corporate and consumer decision making and effectively stunting economic growth.   As we make our way into the office this morning, 2026 has started in a similar vein. Today’s distraction revolves around Greenland and the full force push to bring it under U.S control. Hopefully, this turns out to be a simila

Price Return Last Week S&P 500 +1.6%   S&P Mid Cap     +3.3%       Russell 2000     +4.6%     MSCI EAFE    +1.4%       MSCI EM +1.6%     10 Yr US Treasury Rate – fell from 4.19% to 4.17% Source: Refinitiv Eikon Recent News Justice Department Investigates Fed – The Federal Reserve received grand jury subpoenas from the Justice Department on Friday that could lead to a criminal indictment.  Fed Chair Jerome Powell responded with a video on Sunday calling the investigati

2025 will go down as the Year of Perpetual Change . Throughout the year, consumers and corporations were forced to digest an onslaught of uncertainty stemming from significant shifts in federal policy.   In (mostly) chronological order, these changes included:   ·         The creation of the Department of Government Efficiency (DOGE) ·         The introduction of a high tariff regime ·         A subsequent move to a more modest tariff strategy ·         Changes in immigration