Market Desk Client Letters

Additional market commentary by Steve Stanganelli CFP powered  by Market Desk analysis. 

Monthly Notes: 

Weekly Note:

June 15, 2025: Reflecting on YTD Market Volatility & Recovery:  The defining policy of 2025 has been changing trade policy. Uncertainty remains high and sentiment has been fickle. Times like this reinforce the need to maintain a disciplined approach and diversified portfolio. 

May 1, 2025: Rising Policy Uncertainty Leads to Increased Market Volatility  :  Markets rebound from early-month selloff as trade tensions ease but rising policy uncertainty remains a key focus. 

Quarterly Notes: 

April 1, 2025: Quarterly Client Note:  Stocks fell in the first quarter after two consecutive years of gains exceeding 20%+. Valuations of big names moderated with weakness in the Magnificent 7 dragging down the performance of major indices. Rising policy uncertainty caused by developments in Washington weighed heavily on sentiment of investors and consumers alike. Market volatility spiked. Despite the headlines, economic data still was positive though becoming more muted. Key takeaway:  Volatility isn't a sign that something is broken; it's the price of admission to investing. Staying invested through ups and downs has consistently been the most effective strategy.