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Banking on trade policy uncertainty.
That symbiotic, yet unsustainable, relationship started fraying about 15 years ago in the aftermath of the financial crisis.
Recent weeks have clearly reminded us that we always face the risk of (sometimes severe) market turbulence.
With the advent of the Trump 2.0 tariffs, it’s fair to say that the global economy is now in the midst of a widespread and potentially brutal trade war.
Negotiations are in order while trade tensions between the U.S. and China continue to escalate.
What tariffs really mean for prices, profits, and portfolios—and how to talk about them with clients.
History has shown that staying the course often leads to better outcomes than trying to time the market.
Global equity markets, as measured by the MSCI ACWI Index, posted modest losses for the first quarter of 2025.
We recap the current state of the trade war and discuss potential impacts.
