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ARTICLE · 17 APRIL 2025

March 2025 Recap | On The Margin

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Popularized in the 1980s by famed broadcaster Brent Musberger, the phrase "March Madness" is one that many sports fans associate with college basketball...

United StatesStrategy
Joe Nitting
Joe Nitting

PRELUDE

Popularized in the 1980s by famed broadcaster Brent Musberger, the phrase "March Madness" is one that many sports fans associate with college basketball, specifically the NCAA Division I men's and women's tournaments. As a college basketball fan, I look forward to every March and spend many hours watching tournament games. While I enjoyed both tournaments this year, I found both to be less exciting than they were in years past, as seven of the eight top ranked men's and women's teams advanced to the Elite Eight (quarter finals). This year, the phrase "March Madness" seemed more relevant in describing global financial market moves. The U.S. stock market sold off sharply amid investor concerns about new tariffs and the possibility of a slowing U.S. economy. While U.S. stocks moved lower during March, bonds and international equities generated mixed results.

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