US stocks just completed their worst quarter in four years. Outlooks were rosy to start the year, with growth accelerating, the Federal Reserve poised to reduce rates, and markets shaking off tariff uncertainty. Seemingly out of nowhere came the war with Iran, which caused oil prices to rise 63% and a corresponding drop in most risk assets. For the quarter, the S&P 500 dropped by nearly 5% and the Nasdaq 100 declined by 7% Click here to read more of our first quarter newsletter.
(804) 325-1450 | 9 South 5th Street Richmond, VA 23219
investors@canal-cap.com
