Weekly Note
Global market participants might be slightly jilted by the market volatility. However, the true impact of the US’s approach to global trade negotiations is being felt in the real economy where corporate CEOs are faced with little medium-term visibility and therefore are delaying many business decisions until clarity emerges.
Market Note
Hedge funds constantly engage in active risk management. A portion of the MTD losses are from hedges established post “Liberation Day” to protect portfolios against future equity market declines.
Weekly Note
Adding more tax to foreign imports is forecast by the US presidential administration to help close the gap between spending and revenue.
Tariffs Special_Weekly Market Note_04.04.2025
In summary, the global markets have experienced significant turbulence due to the escalating trade tensions, resulting in a flight to quality in bonds, a decline in equities, and increased volatility in hedge fund performance. The path forward for investors will require a balanced and adaptive approach to navigate the rapidly changing landscape.
Weekly Market Note_03.28.2025
Purchasing the market winners of 2024 in recent weeks has been a natural response from US retail investors, who are accustomed to v-shaped recoveries in bull markets.
