Blog

Last week in review and what is ahead – April 15, 2025

Many investors are grappling with the question of, “Is it time to panic?” as the stock market experiences turbulence. Recently, the market outlook turned bearish due to the potential negative impact of new tariffs on growth and corporate profits.

Economic policy uncertainty leads to more uncertainty, which begets more uncertainty . . . the stock market hates uncertainty.

Executive Order Disorder

Great Expectations

Social Security Fairness Act

The Social Security Fairness Act was signed into law on January 5th and will impact any recipients whose Social Security benefits have been reduced due to WEP (Windfall Elimination Provision) or GPO (Government Pension Offset). If you fall into this category, here are the key highlights:

Reflection

At Bond&Devick, teamwork is central to everything we do. Collaboration and shared responsibility define how we work, including contributing to our monthly communications. This month, we are pleased to feature Sabrina Fay, who recently celebrated her first anniversary.

Bond&Devick welcomed Deuce to the Bond & Devick Wealth Partners team in August 2024. Since joining the firm, Deuce has been training closely with Rachel, Zack, and Rob. As a member of the wealth management team, he is focused on supporting advisors and assisting with client account servicing, helping B&D continue to provide an exceptional client experience. 

American voters re-elected Donald Trump as the 47th President of the United States. The divisions in our country are strong, but we believe our people and our institutions have the resiliency to continue to move our country forward.

We know the upcoming election is top of mind and what could (or could not) be affected by the outcome. Here are some snippets on a few leading topics.

TRADING VS. INVESTING AND HOW MARKETS REACT DURING ELECTIONS: