Insights

Price Return Last Week S&P 500 +4.5% S&P Mid Cap +3.5% Russell 2000 +5.6% MSCI EAFE +2.2% MSCI EM +3.2% 10 Yr US Treasury Rate – fell from 4.32% to 4.24% Source: Refinitiv Eikon Recent News Strait of Hormuz Updates – Iran’s foreign minister announced that the Strait of Hormuz was “completely open” after a cease-fire deal was reached between Israel and Lebanon. However, the U.S. continues to impose a naval blockade on all Iranian ports unti

Price Return Last Week S&P 500 +3.6% S&P Mid Cap +3.4% Russell 2000 +4.0% MSCI EAFE +4.6% MSCI EM +7.9% 10 Yr US Treasury Rate – rose from 4.31% to 4.32% Source: Refinitiv Eikon Recent News Iran Blockade – Less than one week after a cease-fire agreement was reached between the U.S. and Iran, President Trump ordered a military blockade of the Strait of Hormuz. The blockade is set to block any ships entering or exiting Iranian ports. Iran r

Price Return Last Week S&P 500 (2.1%) S&P Mid Cap +0.4% Russell 2000 +0.5% MSCI EAFE (0.1%) MSCI EM (1.8%) 10 Yr US Treasury Rate – rose from 4.39% to 4.44% Source: Refinitiv Eikon Recent News U.S. and Iran Negotiations Stall – President Trump claimed that Iran had agreed to most of the 15 points the U.S. proposed to broker a peace deal and added that they agreed to allow 20 oil tankers to pass through the Strait of Hormuz as a “sign of res

Price Return Last Week S&P 500 (1.9%) S&P Mid Cap (1.3%) Russell 2000 (1.7%) MSCI EAFE (2.1%) MSCI EM (0.4%) 10 Yr US Treasury Rate – rose from 4.29% to 4.39% Source: Refinitiv Eikon Recent News Fed Meeting – Federal Reserve officials voted 11-1 to keep interest rates in a range between 3.50%-3.75%. Recent Trump appointee Stephen Miran was the lone dissenting vote, continuing to vote in favor of an interest rate cut. The yield on a 2

Price Return Last Week S&P 500 (2.0%) S&P Mid Cap (4.6%) Russell 2000 (4.1%) MSCI EAFE (6.8%) MSCI EM (6.9%) 10 Yr US Treasury Rate – rose from 3.96% to 4.13% Source: Refinitiv Eikon Recent News Oil Prices Surge – The price of a barrel of oil surged last week by over 25%, ending the week above $90 for the first time since April 2024. Roughly 20% of oil production travels through the Strait of Hormuz every day, which has seen activity g

Price Return Last Week S&P 500 (0.4%) S&P Mid Cap (0.9%) Russell 2000 (1.2%) MSCI EAFE +1.2% MSCI EM +2.8% 10 Yr US Treasury Rate – fell from 4.09% to 3.96% Source: Refinitiv Eikon Recent News U.S. Attacks Iran – U.S. and Israeli forces attacked Iran over the weekend leading to the death of Iran’s Supreme Leader Ayatollah Ali Khamenei. President Trump had previously expressed frustration with Iran’s refusal to cease attempts to build a nu

Price Return Last Week S&P 500 (0.1%) S&P Mid Cap +4.4% Russell 2000 +2.2% MSCI EAFE +0.5% MSCI EM (1.4%) 10 Yr US Treasury Rate – fell from 4.24% to 4.21% Source: Refinitiv Eikon Recent News Earnings Update – As of Friday, 59% of S&P 500 companies have reported Q4 2025 earnings results. The blended earnings growth rate thus far is 13.0% year-over-year, making this the fifth consecutive quarter with a double-digit earnings growth rate i

Price Return Last Week S&P 500 (0.4%) S&P Mid Cap (0.6%) Russell 2000 (0.3%) MSCI EAFE +0.1% MSCI EM +1.1% 10 Yr US Treasury Rate – rose from 4.23% to 4.24% Source: Refinitiv Eikon Recent News Greenland – President Trump announced new tariffs on several European countries in an effort to pressure Denmark to sell Greenland to the U.S. The tariffs were set to start at 10% and increase to 25% on June 1 if a deal was not reached. Trump sta

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 +1.4% S&P Mid Cap +0.7% Russell 2000 +0.2% MSCI EAFE +1.2% MSCI EM +2.1% 10 Yr US Treasury Rate – fell from 4.15% to 4.13% Source: Refinitiv Eikon Recent News GDP – Q3: 4.3% (Reuters Poll est. 3.3%) Q2: 3.8% Economic growth in the third quarter surpassed expectations, growing at its fastest rate in two years. Consumer spending, exports, and government expenditures all accelerated in the third quarter le

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