Alderique
Dear partners, The past week was a short and relatively tame one (all things considered), with markets remaining flat for the first 2 days, until Wednesday when Fed Chair Jerome Powell warned of economic risks. The markets dropped, with tech stocks being particularly hard hit. This plunge was perhaps also exacerbated by Trump's increased tariffs against China. As of this writing, the current administration has levied a 245% tariff on what it might consider its biggest rival. No purchases were made for the portfolio this past week. The portfolio currently sits at a gain of 0.41% YTD, while the S&P500 reflects a loss of -9.98%. Alderique.
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