January 2025 Pricing Commentary
In January, all three ABC Funds reached new all-time highs. While January proved to be a volatile month, as investors awaited clarity on new U.S. economic and financial policies—particularly tariffs—several positive developments emerged. Solid economic data, easing inflation, and stronger-than-expected corporate earnings, all contributed to positive performance in equity markets. A key highlight was the strength of the U.S. consumer,