Insights

Price Return Last Week S&P 500 2.3% S&P Mid Cap (0.2%) Russell 2000 (0.5%) MSCI EAFE 2.7% MSCI EM 0.9% 10 Yr US Treasury Rate – fell rose 4.45% to 4.49% Source: Refinitiv Eikon Recent News Q2 Summary – After a lackluster first quarter, the S&P 500 gained over 15% in Q2, marking the best quarterly return since 2020. All the more impressive given ongoing negotiations with Iran and the increased likelihood of interest rate increases by the Federal Reserve this year.

Price Return Last Week S&P 500 0.7% S&P Mid Cap (0.1%) Russell 2000 1.2% MSCI EAFE 0.7% MSCI EM 4.1% 10 Yr US Treasury Rate – fell from 4.49% to 4.45% Source: Refinitiv Eikon Recent News U.S.-Iran Deal Update – Details on the memorandum of understanding between the U.S. and Iran were released on Wednesday. Both pledged to end all military operations and Iran would open the Strait of Hormuz. Iran commits to not charging any fees to transit the Strait of Hormuz for

Price Return Last Week S&P 500 +0.3% S&P Mid Cap (1.4%) Russell 2000 (2.1%) MSCI EAFE +1.6% MSCI EM +1.8% 10 Yr US Treasury Rate – unchanged at 4.24% Source: Refinitiv Eikon Recent News Fed Chair Nomination – President Trump announced on Friday that he had chosen former Federal Reserve Governor Kevin Warsh to lead the Federal Reserve following the end of Fed Chair Jerome Powell’s term in May. While Warsh has historically been known as so

Price Return Last Week S&P 500 (1.0%) S&P Mid Cap (0.7%) Russell 2000 (1.0%) MSCI EAFE +0.5% MSCI EM +2.3% 10 Yr US Treasury Rate – rose from 4.13% to 4.19% Source: Refinitiv Eikon Recent News Venezuelan President Removed From Power – Venezuelan President Nicolás Maduro and his wife were captured on Saturday by the U.S. military and transported to a federal jail in New York. Both are awaiting trial for narcoterrorism charges. While ini

Price Return Last Week S&P 500 (0.6%) S&P Mid Cap +0.9% Russell 2000 +1.2% MSCI EAFE +0.9% MSCI EM +0.4% 10 Yr US Treasury Rate – rose from 4.14% to 4.20% Source: Refinitiv Eikon Recent News Fed Cuts Rates – The Federal Open Market Committee voted 9-3 to lower interest rates by 0.25%. This brings the federal-funds rate to a range of 3.5-3.75%, a three-year low. Of the three dissenters, two voted to keep rates the same and one voted

Price Return Last Week S&P 500 +3.7% S&P Mid Cap +3.9% Russell 2000 +5.6% MSCI EAFE +3.3% MSCI EM +2.5% 10 Yr US Treasury Rate – fell from 4.06% to 4.02% Source: Refinitiv Eikon Recent News Jobs Report – Sep: 119k (Reuters Poll est. 50k) Aug: -4k After being delayed over 6 weeks due to the government shutdown, the Labor Department reported that payrolls rose by 119,000 jobs in September. This was partially offset by a reduction in th

Price Return Last Week S&P 500 (2.4%) S&P Mid Cap (3.9%) Russell 2000 (3.3%) MSCI EAFE (1.9%) MSCI EM (0.6%) 10 Yr US Treasury Rate – fell from 4.12% to 4.05% Source: Refinitiv Eikon Recent News China Implements Rare-Earth Trade Limits – China’s Commerce Ministry announced on Thursday a new policy requiring all foreign suppliers to obtain government approval before exporting products with rare-earth minerals. Additional restrictions will

Price Return Last Week S&P 500 +1.2% S&P Mid Cap +0.1% Russell 2000 +2.2% MSCI EAFE (0.2%) MSCI EM +1.2% ...

Price Return Last Week S&P 500 (2.3%) S&P Mid Cap (3.5%) Russell 2000 (4.2%) MSCI EAFE (3.1%) MSCI EM (2.5%) ...

Price Return Last Week S&P 500 +1.5% S&P Mid Cap +1.7% Russell 2000 +3.2% MSCI EAFE +0.7% MSCI EM +2.3% 10 Yr US Treasury Rate –...