Talk to us EBook: Third Quarter 2025 Insight
The Third Quarter 2025 Market Insight from our Investment Strategy & Research team explores the dollar’s sharp decline, global trade realignment, and shifting U.S. competitive dynamics. The report explores how these factors are influencing investor sentiment and provides portfolio recommendations.
What's covered in this Ebook:
- Mixed Economic Backdrop: Rapid fiscal legislation (the One Big Beautiful Bill Act, or OBBBA) and evolving trade policies have created a period of policy-driven market volatility, underscoring the need for clear perspectives and diversified positioning.
- Dollar Weakness & Gold: The U.S. dollar’s steepest six-month decline in more than 50 years (down about 11% in the first half of 2025) opens opportunities in international equities and strengthens gold’s role as a hedge against real yield fluctuations.
- U.S. Competitive Positioning: The U.S. maintains structural advantages in innovation, capital markets, and institutions, but faces rising competition from China and cost pressures that could influence global capital flows and corporate investment strategies.
- Resilient Growth with Emerging Strains: Consumer spending and stable inflation point to underlying economic strength, though rising delinquencies and longer jobless durations suggest early signs of pressure.