Quarterly Market Commentary & Outlook

First Half 2025 Market Commentary Rose Capital Advisors August 7, 2025 Dear Clients: The first half of this year has given us a reminder that secular shifts in capital markets can occur with quiet consistency as opposed to the more...

Policy Uptick Germany’s soon-to-be government announced a sweeping spending plan to kickstart the economy, including lifting their foot off the “Debt Brake” to finance the plan. After years of fiscal austerity, their plan will lead to higher defense and infrastructure....

“The Fed Begins Cutting Rates in September” The Fed cut interest rates in September for the first time since the beginning of the Covid pandemic. “Expect Softer Economic Data” We expected a catalyst for the Fed to begin cutting rates...

“Recent Divergence in Magnificent 7 will Continue” Entering 2024 we expected divergence in Big Tech as investor focus on AI turned from “hype” to “results.” Winners in Q2 include Nvidia (+36%) and Apple (+23%), while Meta (+4%) underperformed. “Still Upside...

What we Got Right: “Valuations Remain Attractive for US Equities” Valuations remained attractive for small caps and stocks outside the “Magnificent 7” heading into 2024. While certain Big Tech stocks stumbled in Q1, (i.e. Tesla, Apple), the S&P 500 index...

During the weeks following this year’s summer solstice (occurring in 2022 on June 21st, at 5:14 AM Eastern Daylight Time), financial market participants began to entertain the notion that the Federal Reserve might be seriously considering a late-2022 or early-2023 rotation...

During the weeks following this year’s summer solstice (occurring in 2022 on June 21st, at 5:14 AM Eastern Daylight Time), financial market participants began to entertain the notion that the Federal Reserve might be seriously considering a late-2022 or early-2023 rotation...

During the weeks following this year’s summer solstice (occurring in 2022 on June 21st, at 5:14 AM Eastern Daylight Time), financial market participants began to entertain the notion that the Federal Reserve might be seriously considering a late-2022 or early-2023 rotation...

During the weeks following this year’s summer solstice (occurring in 2022 on June 21st, at 5:14 AM Eastern Daylight Time), financial market participants began to entertain the notion that the Federal Reserve might be seriously considering a late-2022 or early-2023 rotation...

Happy 246th Birthday to the United States of America! Paraphrasing the incomparable Erma Louise Bombeck (1927-1996): “You have to love a Nation that celebrates its Independence every July 4...with family picnics where kids throw Frisbees, the potato salad gets iffy,...