Special Note: Our office will be closed at noon Pacific Time on Thursday, April 17 to celebrate the end of tax season.

Hello, 

If you’re feeling uneasy about things right now, you're not alone. To be honest, we’re feeling a bit of that energy too. Markets are volatile, headlines are constantly changing, and the future feels uncertain. It’s a lot.

And yet, when our minds start to spin, we find some clarity in history. We can learn a great deal from past market crises—what caused them, how we responded, and the process of recovery that followed. In every case, whenever we thought, “This time is different,” we eventually made it through.

From the Great Depression to the oil shocks of the ’70s, from 9/11 to the financial crisis, from COVID’s market freefall to today’s geopolitical uncertainty and fast-evolving policy change, we have faced fear, loss, and doubt time and time again. And still, historically, the long-term trajectory has been growth. In fact, through 13 recessions and 11 bear markets over the last 70 years, U.S. stocks have delivered average annual returns of about 8%.¹

That doesn’t mean every portfolio follows the same path. And it doesn’t mean things aren’t painful in the short term. But history reminds us of two things: fear is temporary, and resilience is real.

History gives us hope, but we don’t want to oversimplify. Just because markets have always recovered doesn’t mean everyone’s experience is the same, or that every moment of volatility feels manageable while it’s happening.

Remember, we don’t build your investment strategy on the idea that everything will always go up. Instead, we include a mix of different asset types—some designed to grow, some to protect what you have, and others to help cushion against surprises—because real life is unpredictable, and markets are too.

No portfolio is perfectly protected from short-term pain. But the goal isn’t perfection. It’s durability. The work we do with you around setting goals, clarifying priorities, and choosing the right mix of investments is a big part of what contributes to long-term resilience.

If you're feeling uneasy, we get it. These are tough times, and staying invested isn’t always comfortable. But reacting emotionally to short-term swings can often create long-term setbacks. History repeats that pattern too.

If you want to discuss your strategy or share what’s on your mind, we’re always here. This is exactly the kind of moment we plan for.

Warmly,

Your Eagle Wealth Team

P.S. Market commentary reflects broader trends, not individual results. Your portfolio’s performance will depend on your strategy, goals, and risk tolerance. And that’s a good thing—because your plan is built just for you.

Tax Deadline is Tomorrow

Tax Day is tomorrow! Be sure to file your taxes and make any necessary payments by then.

The Big Picture on U.S.-China Relations

Trade tensions between the U.S. and China have ramped up recently. The U.S. increased tariffs on Chinese goods up to 145%, and China responded with 125% tariffs on American products. It’s a fast-moving situation that’s definitely shaking up the financial markets. That said, while these kinds of global issues can make things feel uncertain, history shows that markets have managed to get through similar rough patches before.

Tariffs against all trading partners have dominated market news, and the 90-day pause now puts the focus on the U.S.-China relationship. But this isn’t just about trade—it’s part of a bigger shift from a U.S.-dominated world to one where China plays a major role too.

Want to learn more about how the relationship between the two largest economies is affecting the markets? Read our commentary The Big Picture on U.S.-China Relations.

It’s important to remember trade tensions may cause short-term jitters, but markets have shown they can bounce back. Staying diversified and focusing on your long-term goals is still the best approach to navigating the changing global landscape.

^{1. Morningstar, 2025 [URL: https://www.morningstar.com/economy/what-weve-learned-150-years-stock-market-crashes]}

^{Investing involves risks, and investment decisions should be based on your own goals, time horizon, and tolerance for risk. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost.}

^{The forecasts or forward-looking statements are based on assumptions, may not materialize, and are subject to revision without notice.}

^{The market indexes discussed are unmanaged, and generally, considered representative of their respective markets. Index performance is not indicative of the past performance of a particular investment. Indexes do not incur management fees, costs, and expenses. Individuals cannot directly invest in unmanaged indexes. Past performance does not guarantee future results.}

^{The Dow Jones Industrial Average is an unmanaged index that is generally considered representative of large-capitalization companies on the U.S. stock market. Nasdaq Composite is an index of the common stocks and similar securities listed on the NASDAQ stock market and is considered a broad indicator of the performance of technology and growth companies. The MSCI EAFE Index was created by Morgan Stanley Capital International (MSCI) and serves as a benchmark of the performance of major international equity markets, as represented by 21 major MSCI indexes from Europe, Australia, and Southeast Asia. The S&P 500 Composite Index is an unmanaged group of securities that are considered to be representative of the stock market in general.}

^{U.S. Treasury Notes are guaranteed by the federal government as to the timely payment of principal and interest. However, if you sell a Treasury Note prior to maturity, it may be worth more or less than the original price paid. Fixed income investments are subject to various risks including changes in interest rates, credit quality, inflation risk, market valuations, prepayments, corporate events, tax ramifications and other factors.}

^{International investments carry additional risks, which include differences in financial reporting standards, currency exchange rates, political risks unique to a specific country, foreign taxes and regulations, and the potential for illiquid markets. These factors may result in greater share price volatility.}

^{Please consult your financial professional for additional information.}

^{This content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG is not affiliated with the named representative, financial professional, Registered Investment Advisor, Broker-Dealer, nor state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and they should not be considered a solicitation for the purchase or sale of any security.  Copyright 2025 FMG Suite.}

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