A shaky start amid tariffs and global uncertainty  After two strong years for U.S. markets, 2025 kicked off with turbulence. What began as a promising first quarter ended in market correction territory, driven by rising tariff tensions, softening earnings projections and uncertainty surrounding Federal Reserve policy.   Download our Q1 2025 Market Recap to get the complete overview, including data, charts and more.  [Yes, I Want the Full Breakdown]  Key market highlights from Q1 2025  Equities  Investor sentiment waned throughout the quarter, especially regarding U.S. large-cap stocks. Concerns over new tariffs and earnings downgrades weighed on performance, while non-U.S. markets outperformed their American counterparts.  Fixed income  Bond markets recovered some ground in Q1, offering investors a rare bright spot amid equity market weakness. Traditional safe havens like gold also gained attention during the quarter.  Global markets...

Can investors breathe a sigh of relief?  The third quarter of 2024 has proven to be both eventful and rewarding for investors across various asset classes. While the first half of the year saw a steady rally in equity markets, fixed-income markets were less fortunate, navigating through a maze of volatility. However, relief came in Q3 as bond markets gained momentum alongside equities, helped by the Federal Reserve's decisive move to cut interest rates by 50 basis points.*  Download the full Market Recap to get insights into these major areas:   the equity market’s resilience;  a resurgent fixed-income market;  geopolitical influences and safe havens; and  the Fed’s interest rate cuts.  The road ahead  Looking forward, investors remain cautious yet optimistic. While the prospect of additional rate cuts presents opportunities, geopolitical uncertainties continue to loom large. Download our comprehensive Market Recap for an in-depth analysis and in...

Investors flock to thematic investing to stay afloat  In the second quarter, investors saw unexpected volatility and high-performance dispersion across equity sectors and capitalization sizes, despite a strong Q1 for equities. Struggling to combat the back and forth, investors turned to thematic investing for stability amongst the hard-to-predict market — making the second half of 2024 anything but boring.   With the unexpected choppy waters for Q3, you’ll want to read the full Q2 2024 Retirement Market Recap for insights on:   Equity market performance: Narrow market leadership driven by a small number of outperformers and sector-specific trends like artificial intelligence and GLP-1 semaglutide drugs.  Federal Reserve and interest rates: Uncertainty regarding the Fed's future actions and a “higher for longer" narrative are creating uncertainty in bond markets.  Geopolitical tensions: Growing concerns over the NATO alliance and international stability. ...