Market Outlook
Understanding Tariffs: What They Are and Why They Matter
What Is a Tariff? Countries rely on trade to access resources and goods they cannot produce domestically. However, international trade is not always smooth, as factors like competition, policies, and geopolitics can create friction between trading partners. One tool governments
Understanding the New Tariffs: What Investors Need to Know
The recent announcement of new tariffs by President Donald Trump has raised concerns about trade tensions, inflation, and market volatility. As an investor, you may be wondering how these changes will affect your financial plan and what steps you should take to protect your assets. How the Markets are
Is a Recession on the Horizon? What Economic Indicators Are Telling Us
Uncertainty surrounding tariff policies has recently dampened consumer and business confidence, fueling speculation about a potential recession. However, economic experts suggest that more reliable indicators—such as consumer spending, business investment, and labor market trends—offer a clearer picture of what lies ahead for the U.S. economy. Consumer Confidence Takes a Hit
Navigating Market Uncertainty: Strategies for Weathering the Storm
The S&P 500 recently came close to a correction after a three-week selloff, fueled mainly by concerns over President Donald Trump’s tariffs and retaliatory measures from other countries. Meanwhile, the Nasdaq entered correction territory. While tariffs are a significant factor in recent market volatility, the uncertainty around their timing, size,
Market Drawdowns vs. Total Returns
This table shows the annual performance of the S&P 500 Index from 1950 to 2025 (with 2025 not yet complete). Key Information: DD (Drawdown): Represents the maximum percentage drop the S&P 500 experienced within that specific year. TR (Total Return): Shows the overall percentage gain or loss for the S&P
Client note on volatility and inflation
If you’ve felt like stock prices have been more volatile in 2022 than in recent years, you're right on the money. Let's take a look. Big picture The S&P 500 has posted 81 daily moves of at least 1% through August. Of those moves, 39 have been to the upside
Handling market volatility
Conventional wisdom says that what goes up must come down. But even if you view market volatility as a normal occurrence, it can be tough to handle when your money is at stake. Though there's no foolproof way to handle the ups and downs of the stock market, the following
The Fed, Inflation, and Volatility
The year 2022 has already heaped loads of uncertainty onto investors and companies, from the invasion of Ukraine to pandemic-driven supply chain disruptions. To top it all off, last month, consumer prices shot up an additional 1 percent compared with April 8.6 percent, according to data released Friday from the Bureau of
High Inflation: How Long Will It Last?
In March 2022, the Consumer Price Index for All Urban Consumers (CPI-U), the most common measure of inflation, rose at an annual rate of 8.5%, the highest level since December 1981.1 It's not surprising that a Gallup poll at the end of March found that one out of six Americans considers
Smoothing market ups and downs
After the wild ride of 2020, the U.S. stock market was relatively calm in 2021, but there was still plenty of volatility. There were 55 days when the S&P 500 index — generally considered representative of U.S. stocks — closed with a rise or fall of 1% or more from