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Most Recent Commentary

April 2025

Observations

In March, U.S. equities continued their downward slide from all-time highs set in February, as all major indices sold off. The S&P 500 suffered its biggest monthly decline since December 2022, falling 5.75%.

By: William “Billy” Little, Jr., CFA
April 7, 2025

Notes from the Trading Desk

Major U.S. equity indices were sharply lower last week following the unveiling of tariffs by President Trump on Wednesday, April 2nd on what he called “Liberation Day”. The President announced that the U.S. would impose a 10% tariff on imports entering the…

By: Jordan Watson, CFA, CMT
March 24, 2025

Notes from the Trading Desk

U.S. stocks edged higher last week, breaking their recent losing streak. The S&P 500 climbed 0.51%, while the Nasdaq eked out a 0.17% gain, marking the first weekly advance for both indices after four consecutive weeks of declines.

By: Jordan Watson, CFA, CMT

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