Robust economic data and expectations for fewer rate cuts this year hurt equities as bond yields rose.

Uncertainty around China and the upcoming transition of the U.S. government weighed on the markets this week.

Stocks rose and bonds weakened amid mixed economic data during the shortened week.

Despite lowering its target rate, the Fed’s higher 2025 inflation forecast and neutral rate projection caused bond yields to rise and stocks to fall.

There's no doubt that the upward trajectory of debt/GDP is a worrying byproduct of current U.S. fiscal policy.

Inflation rose but optimism did too as the market expects the Fed to cut rates again.

While investors grapple with continued geopolitical uncertainty, we maintained the base positioning in our Global Perspectives portfolios.

While investors grapple with economic crosscurrents, U.S. corporate earnings remained positive, maintaining our base positioning...

Lower-than-expected inflation numbers drove a rotation from large growth toward small value stocks and a sharp drop in short duration bond yields.

External forces drove markets and led to higher volatility across commodities and equities.