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 Dear Clients, Partners, and Friends,As we embark on a new year, we reflect on the challenges and opportunities that have shaped the global landscape, with an eye toward how these dynamics will continue to evolve. The past quarter has been marked by a period of uncertainty, driven by geopolitical tensions, inflationary pressures, and notably, …

John M. Fidler | Chief Investment Officer(502) 259-2543 | John.Fidler@syb.comFirst Quarter 2025 ReviewThe first quarter saw a modest decline in US equities, with International stocks generating solid returns. We have long preached asset class diversification, and 1Q25 showed how expanding one’s investment universe beyond domestic large cap stocks …

New Center Grove Bank Branch Connects Stock Yards Bank & Trust to the Fast-Growing Johnson County CommunityAspire Chamber + Economic Development and Stock Yards Bank & Trust joined forces to celebrate the opening of the bank’s newest location in Center Grove. Stock Yards Bank & Trust is growing rapidly in central Indiana and this new …

   John M. Fidler | Chief Investment Officer(502) 259-2543 | John.Fidler@syb.comMarkets have been volatile over the last few weeks, largely due to policy uncertainty around tariffs from the incoming administration. The scale and scope of the tariffs announced yesterday was greater than markets anticipated, arguably representing …

 John M. Fidler | Chief Investment Officer(502) 259-2543 | John.Fidler@syb.comIn our 2025 Market Outlook, we included a graphic from the album cover of the classic 1970 Crosby, Stills, Nash & Young record “Déjà Vu.” The idea was that the current market backdrop is reminiscent of the 2018-2019 period in more ways than one. The obvious is …