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KNF - Mairs & Power Small Cap Fund Q2 2025 Commentary
Knife Riv Holding Co.
2025-08-08 05:00:00 ET
Market Overview
The stock market entered bear territory in early April (20% below its peak), only to rise 25% from that low by the end of the quarter, exemplifying an unsettled environment. Tariff uncertainty, conflicts in the Middle East, rising national debt, and the worst start to a year for the dollar since 1973, have created volatility that led the markets right back to where they started at the beginning of the year....