APRIL 2025 CLIENT LETTER

April 2, 2025 Dear Valued Investor, April showers came a month early as stocks fell in March. Tariffs were the primary cause of the market jitters, although that uncertainty became too much for markets to shrug off once economic data started to weaken. The U.S. economy had been poised to slow from last year’s pace […]

MARCH 2025 CLIENT LETTER

March 5, 2025 Dear Valued Investor, As spring approaches and the weather warms, the U.S. economy has begun to cool. After a sizzling recovery from the pandemic, followed by a period of surprisingly solid and steady growth on the back of resilient consumer spending, the economy finally seems poised to downshift to its pre-pandemic trend […]