Insights

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 +1.7% S&P Mid Cap +2.0% Russell 2000 +2.4% MSCI EAFE +0.7% MSCI EM (0.3%) 10 Yr US Treasury Rate – fell from 4.05% to 4.01% Source: Refinitiv Eikon Recent News Banks Stocks Fall – The KBW Regional Banking Index fell 2% during the course of the week as surprise bankruptcies from two auto-related companies caused losses in several banks. Additional concerns at a private equity firm caused losses at two s