Archive for April, 2025

  Market Update and Economic Developments • Equities continued their downward march over the past month, with U.S. large cap stocks ending the month with a 5.63% loss. During March, the S&P 500 briefly entered “correction territory,” as the index fell 10% from its recent peak. Part of this decline can be attributed to the [...]
    On Wednesday April 2, President Trump announced a sweeping set of reciprocal tariffs, marking one of the most aggressive shifts in U.S. trade policy in over a century. As global markets digested the implications, volatility surged, with the S&P 500 falling by more than 10% in two trading days — its steepest daily [...]