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Get your free copy of our Q2 2025 Market Commentary to get our analysis of how evolving tariff policy may affect growth, inflation, and investor portfolios. How Uncertainty Affects Markets and Individual Investors. After the April 2 “Liberation Day” tariff announcement and more dramatic shifts in global trade policy, the markets have been on high alert, and investors are wondering what comes next. In Zacks Investment Management’s Q2 2025 Market Commentary,1 Mitch Zacks addresses the most pressing developments in this evolving story. As new tariffs threaten to reach levels unseen in over a century, investors are rightfully concerned about what it all means for growth, inflation, and long-term portfolio strategy. Mitch offers a candid, data-driven perspective on what’s happening in Washington and how investors should interpret the noise. He also discusses how these developments may impact equities, interest rates—and individual investors. Get your free Q2 2025 Market Commentary1 to learn about: Our breakdown of April 2025 volatility and how investors should think about markets going forward Historical perspective on market volatility and the cost of poor timing decisions Why long-term positioning still beats reactive investing Strategic guidance for staying invested during uncertainty If you have $500,000 or more to invest, request this guide today. Talk to a Zacks Wealth Advisor today. 1 Zacks Investment Management reserves the right to amend the terms or rescind the free Q2 2025 Market Commentary offer at any time and for any reason at its discretion. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. Zacks Investment Management, Inc. is a wholly-owned subsidiary of Zacks Investment Research. Zacks Investment Management is an independent Registered Investment Advisory firm and acts as an investment manager for individuals and institutions. Zacks Investment Research is a provider of earnings data and other financial data to institutions and to individuals. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting, or tax advice, or a recommendation to buy, sell or hold a security. Do not act or rely upon the information and opinions given in this document without seeking the services of competent and professional investment, legal, tax, or accounting counsel. Publication and distribution of this document is not intended to create, and the information and opinions contained herein does not constitute, an attorney-client relationship. No recommendation or advice is being given as to whether any investment or strategy is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors, or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Any projections, targets, or estimates in this document are forward looking statements and are based on the firm's research, analysis, and assumptions. Due to rapidly changing market conditions and the complexity of investment decisions, supplemental information and other sources may be required to make informed investment decisions based on your individual investment objectives and suitability specifications. All expressions of opinions are subject to change without notice. Recipients should seek financial advice regarding the appropriateness of investing in any security or investment strategy discussed in this document. Certain economic and market information contained herein has been obtained from published sources prepared by other parties. Zacks Investment Management does not assume any responsibility for the accuracy or completeness of such information. Further, no third party has assumed responsibility for independently verifying the information contained herein and accordingly no such persons make any representations with respect to the accuracy, completeness or reasonableness of the information provided herein. Unless otherwise indicated, market analysis and conclusions are based upon opinions or assumptions that Zacks Investment Management considers to be reasonable. Any investment inherently involves a high degree of risk, beyond any specific risks discussed herein. It is not possible to invest directly in an index. Investors pursuing a strategy similar to an index may experience higher or lower returns, which will be reduced by fees and expenses. If you do not wish to receive further email solicitations from Zacks on behalf of its partners, please click here to unsubscribe. © Zacks Investment Management 10 S. Riverside Plaza, Suite 1600 | Chicago IL 60606-3830