As we step into March 2025, our outlook remains neutral regarding the stock market. We project an S&P 500 Index target of 6,000, considering that the earnings season has concluded. There is considerable uncertainty stemming from recent tariffs and ongoing tax bill deliberations. Despite facing a sharp selloff in 10-year treasuries due to hawkish signals from the Federal Reserve, we maintain a bullish stance on bonds. We expect the 10-year yield to stabilize within the 3.5 to 4 percent range by the close of 2025. Investors should continue to monitor these developments closely, as changes in fiscal policy and economic indicators will continue to influence market performance. The interplay between government actions and investor sentiment can create opportunities for strategic investment adjustments.