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Investors were given a brief reprieve two weeks ago as the major market indices were higher. However, this proved short-lived, as stocks and bonds were in the red last week. Tariffs and trade policy remain front and center in investors’ minds, and this week will see the much anticipated reciprocal tariff announcement from the Trump administration. No one can be certain what the announcement will contain and just how serious the administration will be about sticking to it, which is adding to the angst and uncertainty for everyone. Thinking about what President Trump has said in the past, tariffs are likely to stick in some form or another, as this is the opening move in a broader experiment to reshape the American economy. Later will come moves on taxes and deficit reduction, but it is possible that by dealing with trade first, they are getting the hardest, or at least most painful, part out of the way, thus leaving them on better footing for dealing with the other items. Whatever happens this week, we doubt that the tariff story will be over. However, based on some recent speculation, there is a chance that a softer stance than feared is taken by the administration  Index Descriptions:The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the USA.
The Russell 2000 Index is a stock market index that tracks roughly 2000 US small companies, and is considered a key benchmark for US small cap stocks. The MSCI EAFE Index is a stock market index that measures the performance of large- and mid-cap companies across 21 Developed Markets countries around the world. Canada and the USA are not included. EAFE is an acronym that stands for Europe, Australasia, and the Far East. The MSCI Emerging Markets Index captures large and mid-cap representation across 24 Emerging Markets (EM) countries. The Bloomberg US Aggregate Bond Index, or the Agg, is a broad based, market capitalization-weighted bond market index represent- ing intermediate term investment grade bonds traded in the USA. Accounts managed by StraightLine follow materially different investment strategies from the composition and performance of indices referenced herein and are not managed to mirror a specific index. Unless indicated otherwise, indices are unmanaged, cannot be invested into directly, are inclusive of reinvested dividends, and do not include the deduction of transaction, custodial or investment management fees that would further reduce actual performance if included. Indices are the property of their respective owners, all rights reserved. Periods greater than one year are annualized. Disclosures:Information presented is for informational purposes only. StraightLine Group, LLC (“StraightLine”) is a registered investment adviser. Registration as an investment adviser does not imply a certain level of skill or training. Past performance is not indicative of future results. Investing involves risk, including the possibility of loss of principal. The ideas and opinions expressed herein do not constitute legal, tax, or investment advice or a recommendation of any particular security or strategy. Before making any investment decision, you should seek expert, professional advice and obtain information regarding the legal, fiscal, regulatory and foreign currency require- ments for any investment according to the laws of your home country and place of residence. Any forward-looking statements or fore- casts are based on assumptions and actual results may vary. Information presented from third parties is believed to be reliable, but no warranty is provided. StraightLine is not required to update information presented, unless otherwise required by applicable law. For more information about StraightLine, including our Form ADV Part 2A Brochure, please visit https://adviserinfo.sec.gov/firm/ summary/127401 or contact us at 248-269-8366. Comments are closed.
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