Market Matters: August 31, 2025
Equities advanced as peak tariff uncertainty appeared to wane, fixed income performance diverged among major regions, the US dollar broadly depreciated, and real assets mostly advanced.
Equities
Heightened Inflation Risks Favor Building More Resilient Portfolios
Description: In today’s environment, building resilient portfolios is essential. Inflation risks are elevated and macroeconomic uncertainty is high. Allocating capital to hedge macro risks may reduce returns, so investors should carefully consider risk tolerance, objectives, and spending needs when assessing their allocations.
Market Matters: July 31, 2025
Global equities advanced as lingering uncertainty over US trade policy eased.
Review of Market Performance: Fiscal Year 2025
US tariffs added to market volatility in the fiscal year ended June 30, 2025. Nevertheless, most risk assets ended the year higher, supported by strong earnings ahead of tariff uncertainty and the prospect of continued central bank policy easing to support growth.
Can Latin American Equities Continue Outperforming?
Yes. We believe Latin America will benefit from today’s shifting market dynamics, supporting its outperformance over broader emerging markets stocks.
Navigating the AI Revolution: Unlocking Productivity with AI Investment
As the second piece in a three-part series, we examine how AI may support productivity growth and how capital is being deployed to realize its potential.
Navigating the AI Revolution: AI’s Far Reach in Shaping Asset Allocation Opportunities
In this piece, we explore AI’s transformative potential for asset allocation opportunities and risks, as well as key implementation considerations and challenges.
After a Blistering First Half of the Year, Can Non-US Equities Continue to Outperform US Peers?
Yes, we believe a combination of attractive valuations, a shifting macro and policy environment, and stretched US profitability will allow non-US equities to continue outperforming.
Market Matters: June 30, 2025
Global equities surged, closing the quarter at all-time highs.
Market Response to US-Iran Escalation Limited So Far
Given the fluidity of the situation in the Middle East and the uncertainty surrounding how events may unfold, we believe most investors should not make changes to portfolios in response to this event.