Caught between two shores: A lesson in market timing

Last week’s dramatic rebound in the U.S. stock market offered a powerful reminder that, in investing, trying to time the tides can leave you stranded. At Elevage Partners, we often say it’s not the storm that defines your journey — it’s your ability to stay the course. The market’s behavior over the past month perfectly…

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Volatility eases, but uncertainty lingers

After weeks of sharp market swings, last week offered a brief—if uneasy—pause. But beneath the surface, investor anxiety remains high—and much of it stems not from economic fundamentals, but from the widely noted pattern of abrupt and shifting U.S. policy decisions that are challenging the global economic order investors have relied on for decades. Markets…

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Nowhere to hide: Markets roil as tariff turmoil escalates

Global investors were given little reprieve last week as markets swung wildly in response to geopolitical developments, inflation reports and mounting uncertainty around U.S. economic policy. From equities to bonds, the usual hedges failed to provide shelter — leaving investors grasping for stability in an environment increasingly shaped by policy unpredictability rather than fundamentals. Equities…

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Break glass in case of emergency: What to do after a market shock

Last week’s sell-off will go down in history. In just two days, the S&P 500 dropped by nearly 10% and the Nasdaq fell more than 12%. It was a dramatic and sudden correction, reminiscent of Black Monday in 1987, the post-Lehman crash of 2008, and the market freefall triggered by the COVID-19 shutdowns in March…

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Elevage Partners first quarter market commentary

Uncertainty Explains the Rocky Start for Financial Markets in 2025 U.S. stock markets posted gains early in the first quarter. The S&P 500 Index, a broad measure of market performance, even closed at a record high of 6,144 on Feb. 19. But then uncertainty came knocking. Concerns about an economic slowdown weakened consumer confidence. Sky…

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