Markets staged a sharp rebound this week and Clay unpacked what sparked the rally and the distributions of outcomes that could come next.
In short:
- Tariff tensions have eased. The U.S. and China agreed to a 90-day pause, rolling back some of the most aggressive tariffs.
- Inflation is cooling. The latest CPI print came in below expectations for the third month in a row.
- Markets have bounced back. The S&P 500 has clawed back its 20% decline, reclaiming key technical support levels.
While it's too early to call the all-clear, we’ve made meaningful progress. Assuming the data continues to be incrementally positive, we’re actively monitoring the situation and plan to be aggressive in redeploying capital.
As always, let us know if you have questions or want to discuss what this means for your invested capital.
