USD April Market Commentary
Noteworthy Developments Global equities, as represented by the MSCI ACWI Index, appreciated by 0.9% during April. However, equities and bonds experienced massive intra-month volatility following President Trump’s Liberation Day tariff announcement on April 2nd and subsequent modifications of
USD March Market Commentary
Noteworthy Developments Global equities, as represented by the MSCI ACWI Index, declined by 4.0% during March, with significant performance differences between US and international equities. Global Equities Global equities declined by 4.0%, with US large-cap equities (S&P 500) down 5.7
USD February Market Commentary
Noteworthy Developments Global equities, as represented by the MSCI ACWI Index, declined by 0.6% with varied performance across regions. Global Equities Global equities declined by 0.6%, with US large-cap equities (S&P 500) down 1.3% while international developed (+1.9%) and emerging market
USD January Market Commentary
Noteworthy Developments Global equities, as represented by the MSCI ACWI Index, appreciated strongly by 3.4% with all regions experiencing positive performance. Global Equities Global equities climbed by 3.4%, with US large-cap equities (S&P 500) up 2.8% while international developed (5.3%) and