Insights

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 1.3% 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 0.7% 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 0.6% 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 +1.5% S&P Mid Cap +1.4% Russell 2000 +1.8% MSCI EAFE +0.2% MSCI EM +0.2% 10 Yr US Treasury Rate – fell from 4.57% to 4.45% Source: Refinitiv Eikon Recent News Iran Deal Status – Oil prices surged in early trading on Monday after reports stated that Iran ceased negotiations with the United States. This comes after the U.S. and Iran traded strikes against each other over the weekend. Concerns over mines laid by Iran in the Strait of H

Price Return Last Week S&P 500 +0.5% S&P Mid Cap (0.1%) Russell 2000 +0.4% MSCI EAFE (2.9%) MSCI EM +0.8% 10 Yr US Treasury Rate – rose from 4.24% to 4.31% Source: Refinitiv Eikon Recent News Justice Department Ends Powell Investigation – U.S. Attorney Jeanine Pirro stated that she was closing her inquiry into Jerome Powell. As a result, Senator Thom Tillis said that he planned to support the confirmation of Kevin Warsh as the new Federal Reserve chair. Jerome

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 +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 (2.0%) 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