Market Update – December 2025
If we had to choose one word to describe the past month, it would be recalibration. We didn’t see a crash or a boom, but rather a thoughtful pause where the market took a deep breath and reassessed its assumptions.
Market Update – November 2025
October delivered a curious paradox: markets climbed to new all-time highs even as uncertainty seemed to be everywhere you looked. The US government shutdown left economic policymakers flying blind, yet inflation remained under control
Market Update – October 2025
September proved to be a pivotal month as markets grappled with competing narratives: resilient equity performance versus deepening labor market concerns; and central bank easing versus mounting fiscal anxieties.
Market Update – September 2025
August 2025 set the tone for a cautiously optimistic outlook as we move into the final months of 2025. Despite mixed signals in the U.S. labor market and political headwinds surrounding the Federal Reserve’s independence
Market Update – July 2025
June was anything but quiet, yet markets chose to look through the noise. Global equities added another 4-5% for the month, pushing the MSCI ACWI to a double-digit gain year-to-date.
Market Update – June 2025
May was defined by a pivotal de-escalation in trade tensions, most notably the 90-day tariff pause agreed between the US and China, and the landmark UK-US trade deal.
