Newsletter March 2025

Overview   This past month, a combination of tariff threats from the US on the rest of the world, stubborn inflation stateside and signs of a weakening economic environment contributed to US equities losing momentum. The S&P 500 lost 1.30% overall while the...

Newsletter February 2025

Overview   Equities performed nicely in January after several ups and downs due in part to the often unpredictable and sometimes almost incoherent nature of many of the policy decisions made or announced by the new US Administration. Nevertheless, good overall...

Newsletter January 2025

 Overview   Equity markets ended the year with a thud, partially the consequence of a more hawkish message from the Federal Reserve Bank (FED), around the middle of the month. The S&P’s 500 dropped 2.38% overall while the Nasdaq composite lost only .55% and...