In 2025, we observed a market environment where fiscal and monetary policy decisions, rather than traditional business fundamentals, were the primary drivers of market direction.
We started 2025 on a high note, although we acknowledged that “no market environment is ever permanent, and that change is always potentially around the
To say the U.S. economy has been difficult to read is an understatement. From generationally high inflation and interest rates to concerns about the labor
Looking back, 2024 clearly echoed many of the themes from 2023. By and large, the economy continued to defy expectations and surprised once again. Stocks
As we reach the halfway point of 2024, a sense of persistence defines the economic and market landscape. Trends from late 2023 have continued, with
