Insights

Price Return Last Week S&P 500 (0.3%) S&P Mid Cap (1.8%) Russell 2000 (1.5%) MSCI EAFE (1.6%) MSCI EM (0.6%) 10 Yr US Treasury Rate – rose from 4.98% to 5.00% Source: Refinitiv Eikon Recent News Fed Raises Rates – The Federal Reserve chose to increase the benchmark interest rate by 0.25%, moving it from 3.50%-3.75% to 3.75%-4.00%. The rate hike was the first increase in three years and the first move made by new Fed Chairman Kevin Warsh. The decision to increase rates wa

Price Return Last Week S&P 500 +1.1% S&P Mid Cap (0.6%) Russell 2000 +0.1% MSCI EAFE +2.0% MSCI EM +2.3% 10 Yr US Treasury Rate – rose from 4.68% to 4.75% Source: Refinitiv Eikon Recent News Diplomacy in Iran – Despite recent warnings of additional attacks on Iran, President Trump changed course over the weekend and stated that the U.S. would reengage peace talks with Iran on Monday. The price of oil was down approximately 5% in early trading on Monday and stock indices

Price Return Last Week S&P 500 (0.6%) S&P Mid Cap 0.3% Russell 2000 (1.1%) MSCI EAFE 0.4% MSCI EM 0.5% 10 Yr US Treasury Rate – rose from 4.54% to 4.68% Source: Refinitiv Eikon Recent News New Global Tariffs – As President Trump’s previous 10% global tariff expired on Friday, the administration announced new tariffs of 10% and 12.5% on imports from 60 countries using Section 301 of the Trade Act of 1974. The White House claimed that these new tariffs were the result of

Price Return Last Week S&P 500 (1.5%) S&P Mid Cap (0.2%) Russell 2000 (0.5%) MSCI EAFE (0.8%) MSCI EM (4.1%) 10 Yr US Treasury Rate – fell from 4.57% to 4.54% Source: Refinitiv Eikon Recent News U.S. Adds Tariff on Brazilian Imports – After a yearlong investigation into Brazilian trade practices, the U.S. announced they are imposing a 25% tariff on some Brazilian imports. Coffee and beef will be excluded. President Trump had previously imposed a 50% tariff on Braz

Price Return Last Week S&P 500 1.3% S&P Mid Cap (0.6%) Russell 2000 (0.6%) MSCI EAFE (1.4%) MSCI EM (1.8%) 10 Yr US Treasury Rate – rose from 4.48% to 4.57% Source: Refinitiv Eikon Recent News US-Iran Conflict Continues – President Trump stated on Wednesday that the initial agreement with Iran to end the conflict was “over.” The U.S. launched new attacks on Iran over the last week and revoked their license to sell crude oil. This was done in response to fresh atta

Price Return Last Week S&P 500 0.6% S&P Mid Cap 2.8% Russell 2000 3.9% MSCI EAFE 1.0% MSCI EM (2.0%) 10 Yr US Treasury Rate – fell from 4.54% to 4.49% Source: Refinitiv Eikon Recent News US-Iran Deal – Reports indicate that the U.S. and Iran have agreed to an interim peace agreement that is expected to be signed by both nations on Friday. Details on what is included are sparse but expected to be released during the week. President Trump stated that the U.S. would

Price Return Last Week S&P 500 +0.2% S&P Mid Cap (2.4%) Russell 2000 (2.4%) MSCI EAFE (1.7%) MSCI EM (2.5%) 10 Yr US Treasury Rate – rose from 4.36% to 4.60% Source: Refinitiv Eikon Recent News Trump in China – President Trump visited China for two days last week. The first trip by a U.S. president since 2017. President Xi described the relationship between the U.S. and China in a new manner, framing it as “constructive strategic stability.” No major deals were

Price Return Last Week S&P 500 +2.4% S&P Mid Cap +1.7% Russell 2000 +1.7% MSCI EAFE +0.9% MSCI EM +6.9% 10 Yr US Treasury Rate – fell from 4.38% to 4.36% Source: Refinitiv Eikon Recent News Iran Ceasefire on “Life Support” – Just one day after starting “Project Freedom” where the U.S. military would guide commercial ships out of the Strait of Hormuz, President Trump declared that he was pausing the operation citing progress towards an agreement with Iran. That pro

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 +3.4% S&P Mid Cap +2.9% Russell 2000 +3.3% MSCI EAFE +2.6% MSCI EM (0.8%) 10 Yr US Treasury Rate – fell from 4.44% to 4.31% Source: Refinitiv Eikon Recent News Trump Offers Iran Deadline – President Trump stated that Iran has until Tuesday at 8pm EST to strike a deal with the U.S. and open the Strait of Hormuz. Absent a deal, he threatened to destroy all of Iran’s power plants and bridges. The threat comes j

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 (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 +1.1% S&P Mid Cap +1.2% Russell 2000 +0.7% MSCI EAFE +0.8% MSCI EM +0.8% 10 Yr US Treasury Rate – rose from 4.06% to 4.09% Source: Refinitiv Eikon Recent News Supreme Court Rules Against Trump Tariffs – On Friday, the Supreme Court ruled that many of President Trump’s recently implemented tariffs were unconstitutional. All tariffs tied to the International Emergency Economic Powers Act (IEEPA) were struck do

Price Return Last Week S&P 500 +1.9% S&P Mid Cap +2.3% Russell 2000 +2.5% MSCI EAFE +1.2% MSCI EM +2.0% 10 Yr US Treasury Rate – fell from 4.01% to 4.00% Source: Refinitiv Eikon Recent News Core CPI – Sep: 0.2% (Reuters Poll est. 0.3%) Aug: 0.3% The CPI report was released over a week late due to delays resulting from the government shutdown. It was determined that the report should be completed as it is required to calculate cost-of

Price Return Last Week S&P 500 +1.5% S&P Mid Cap +1.5% Russell 2000 +1.0% MSCI EAFE +1.9% MSCI EM +0.7% 10 Yr US...

Price Return Last Week S&P 500 +5.7% S&P Mid Cap +2.8% Russell 2000 +1.8% MSCI EAFE +0.7% MSCI EM (3.9%) 10 Yr US Treasury Rate...

Price Return Last Week S&P 500 (1.0%) S&P Mid Cap (1.1%) Russell 2000 (0.9%) MSCI EAFE +0.8% MSCI EM +0.3% 10 Yr US Treasury...