Thought Leadership

Big Tariffs on the Table The announcement of a 90-day pause on reciprocal tariffs is a considerable (albeit temporary) weight lifted from a tariff program that is …

Executive Summary The new administration kicked off with a flurry of policy changes highlighted by new tariffs, cost-cutting efforts and tax policy discussions in Congress. Growth expectations …

On March 13, 2025, the S&P 500 entered correction territory, closing ~10% lower than its all-time high. Since 1927, intra-year declines of 10% or more occurred in …

Positive earnings surprises for the Magnificent Seven have been more in line with the broader S&P 500 index this year relative to last year, suggesting that expectations …

An alternative argument to concentration is the underperformance of the S&P 500 cap weighted versus equal weighted index. Over the past 66 years, the S&P 500 Equal-Weight …

From 2010 to 2019, release dates for nonfarm payroll (NFP), Federal Open Market Committee (FOMC) meetings and Consumer Price Index (CPI) announcements didn’t experience unusual volatility as …

Market Review: Fourth Quarter 2024 What We Know: Q4 2024 Recap The S&P 500 Index saw its fifth straight quarter of positive returns, finishing Q4 2024 with …

Learn more about our outlook for 2025.

While there is still uncertainty about the full scope of President-elect Donald Trump’s trade policy, tariffs will likely be a cornerstone to address the perceived unfairness of …

While U.S. market concentration remains high, index constituent participation caught fire in the second half of the year. As shown in the chart, 2023 saw just 27% …