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MARKET REVIEW: 2Q 2025

The Trump administration’s tariff plans escalated early in the second quarter, and global stock markets deteriorated rapidly as investors attempted to predict the growth and inflationary impacts of significantly higher tariffs on US imports and the potential for a larger trade war.

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MARKET REVIEW: 4Q 2024

Investors started 2024 with high hopes, anticipating continued GDP growth, slowing inflation, a more accommodative Fed, and climbing corporate profitability in the year. 2024 largely

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