Market Thoughts March 2025

Commonwealth’s Brad McMillan recaps February’s market and economic news. February was a tough month for U.S. markets. The S&P 500, Dow Jones, and Nasdaq all fell, with the Nasdaq getting hit the hardest. Despite the disappointing month, fundamentals showed signs of positive momentum, boosted by a strong jobs report and fourth-quarter earnings growth. Markets, however, still face real risks—including policy uncertainty, debt ceiling concerns, and the planned rollout of tariffs. Will we see market appreciation ahead, or is volatility still looming? Stay tuned, and follow Brad at blog.commonwealth.com/independent-market-observer.

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