Talk to us EBook: Second Quarter 2025 Market Insight
The Second Quarter 2025 Market Insight from our Investment Strategy & Research team explores trade shifts and policy risks. The report explores how these factors are influencing investor sentiment and provides portfolio recommendations.
What's covered in this Ebook:
- Global Trade Realignment Is Underway: A shift toward protectionism is reshaping global commerce, with U.S. policymakers emphasizing domestic production and industrial resilience over cross-border efficiency.
- Mixed Policy and Economic Signals Cloud Outlook: While employment and household finances remain stable, proposed tariffs, a large deficit and increased uncertainty weigh on sentiment, raising concerns about fiscal flexibility in a downturn and further complicating late-cycle forecasts.
- Past Performance May Mislead Future Expectations: Strong equity outperformance over the past 15 years reflects historically low rates and expansive policy—conditions unlikely to persist.
- Discipline Outperforms Reaction: Empirical evidence continues to show that staying invested in a diversified portfolio through market cycles yields better results than market timing.
Story of Aspiriant
We are an award-winning, independent and 100% employee-owned wealth management firm. We focus on offering comprehensive wealth planning and investment management services to families. Most clients come to us in the midst of a life transition like a sale of their business, divorce or IPO. They are smart, busy folks who look for a partner to simplify financial complexity, help achieve their long-range goals and help make good financial decisions that align with their values.