Khanchit Khirisutchalual/iStock via Getty Images Investment Scorecard Global stock markets were a mixed bag in the first quarter. Markets were helped in large part by easing trade war fears and, by extension, reduced concerns about higher global tariffs. However, rising geopolitical tensions from the war in Iran weighed on sentiment across many markets. The Russia-Ukraine war dragged on, and conce...
Khanchit Khirisutchalual/iStock via Getty Images Investment Scorecard Global stock markets were a mixed bag in the first quarter. Markets were helped in large part by easing trade war fears and, by extension, reduced concerns about higher global tariffs. However, rising geopolitical tensions from the war in Iran weighed on sentiment across many markets. The Russia-Ukraine war dragged on, and concerns over global energy supplies continued to mount. Taiwan remains a point of contention between the United States and China, with no real resolution in sight. In the first quarter, the total return of the S&P 500 Index was down 4.3%, while most non-U.S. stock markets performed better. The MSCI EAFE was roughly flat in the quarter. Some of the weaker foreign markets were India, down over 15%, and Germany, down about 7%. South Korea, on the other hand, was up a notable 20%. Brazil had a strong quarter, with its market up 16%. During the first quarter, the Federal Reserve did not cut short-term interest rates and left them standing at 3.8%. We expect the Federal Reserve will probably keep rates steady for a few more months, even after a new Federal Reserve Chair takes over. It is worth noting that many foreign central banks have been more aggressive in normalizing interest rates. Portfolio Highlights Total Net Assets: $68.7 Million NAV (Class I): $35.49 Turnover: (a) 5% Inception Date: 02/03/94 Gross/Net Expense Ratio: (b) 1.35%/0.90% Click to enlarge (a) For the six months ended June 30, 2025. (b) As of the current prospectus dated April 30, 2026. Net expense ratio after reimbursement from the Adviser. Effective through April 30, 2027, unless terminated early by the Fund's Board of Directors. Share Class Symbol Class AAA: GAGCX Class A: GAGAX Class I: GAGIX Click to enlarge Comparative Results Average Annual Returns through March 31, 2026 (a) Total returns and average annual returns reflect changes in share price, reinvestment of distributions, and are net of expenses. Perfo...
alexsl Stock index futures were mixed on Monday as tech recovered after a major selloff in the sector on Friday. Nasdaq 100 futures ( US100:IND ) rose 0.85%, S&P 500 futures ( SPX ) gained 0.39%, and Dow futures ( INDU ) slipped 0.20%. Tensions remained high in the Middle East as President Donald Trump moved to contain a new flare-up between Iran and Israel. Tehran launched multiple waves of missi...
alexsl Stock index futures were mixed on Monday as tech recovered after a major selloff in the sector on Friday. Nasdaq 100 futures ( US100:IND ) rose 0.85%, S&P 500 futures ( SPX ) gained 0.39%, and Dow futures ( INDU ) slipped 0.20%. Tensions remained high in the Middle East as President Donald Trump moved to contain a new flare-up between Iran and Israel. Tehran launched multiple waves of missiles at Israel on Sunday in response to an Israeli airstrike in Beirut that targeted Hezbollah, the Iran-backed militant group. There are no significant economic reports slated for Monday. U.S. Treasury yields moved higher across the curve. The 10-year Treasury yield ( US10Y ) rose 5.3 basis points to 4.58%, the 2-year Treasury yield ( US2Y ) added 4.2 basis points to 4.19%, and the 30-year Treasury yield ( US30Y ) climbed 3.2 basis points to 5.03%. Top gainers in premarket trading included Intercontinental Exchange ( ICE ) +2.36%, SBA Communications ( SBAC ) +2.24%, and International Paper ( IP ) +1.90%. Decliners included Entergy ( ETR ) -5.99%, Pool ( POOL ) -2.96%, and 3M ( MMM ) -2.45%. More on markets A Critical Week For The Markets Ahead SpaceX, Like Other Big IPOs, Has Disappointed Buyers, I'm Passing S&P 500: This Is More Important Than Calling A Top (Technical Analysis) Global stocks extend retreat as rate hike fears, Middle East tensions rattle markets Trump pushes restraint after Iran missile barrage raises Middle East risks
Oracle is being positioned as a potential early partner to access advanced AI models under the U.S. presidential executive order on AI. The move highlights Oracle's existing role as a trusted provider of federal cloud and data infrastructure. This development could influence how Oracle works with government agencies on secure, high performance AI systems. For investors tracking NYSE:ORCL, this AI-...
Oracle is being positioned as a potential early partner to access advanced AI models under the U.S. presidential executive order on AI. The move highlights Oracle's existing role as a trusted provider of federal cloud and data infrastructure. This development could influence how Oracle works with government agencies on secure, high performance AI systems. For investors tracking NYSE:ORCL, this AI-related policy angle adds another layer to a stock that has already recorded long term gains of...
The Morning Bull - US Market Morning Update Monday, Jun, 8 2026 US stock futures are pointing lower this morning, with E mini S&P 500 contracts down about 2.6% and Nasdaq 100 futures off nearly 4.8%, as investors react to strong US jobs data and rising bond yields. May nonfarm payrolls added 172,000 jobs and average hourly earnings rose 0.3% in the month, which signals a job market that is still c...
The Morning Bull - US Market Morning Update Monday, Jun, 8 2026 US stock futures are pointing lower this morning, with E mini S&P 500 contracts down about 2.6% and Nasdaq 100 futures off nearly 4.8%, as investors react to strong US jobs data and rising bond yields. May nonfarm payrolls added 172,000 jobs and average hourly earnings rose 0.3% in the month, which signals a job market that is still creating work and pay packets that continue to grow. At the same time, the 2 year US Treasury...