May 13, 2025 11:14 am
• Recent data indicates that tariffs are beginning to weigh on U.S. economic activity. • Global equities rebounded in late April as the escalation of reciprocal tariffs took a temporary pause. • India’s economic indicators remain mixed, though early April data raises hope of improvement. • Corporate earnings in India in line with muted expectations,…
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May 7, 2025 9:17 am
• COVID provides a good template for discerning market reaction to trouble on the horizon • A true market reaction will likely have to wait for hard economic data • The fall in oil prices provides some good news • Fed still some meetings from cutting rates • We retain our preference for ex-US equity…
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May 2, 2025 10:01 am
The world may have fundamentally shifted following President Trump’s declaration on Freedom Day in early April, marking a pivotal moment in the global economic landscape. With the U.S. taking a more insular approach, globalization appears to be heading into reverse. The reverberations of this policy shift are already being felt across international trade, investment flows, and…
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Apr 28, 2025 8:40 am
• Still a paucity of economic data to define the impact of tariffs • Q1 data has tuned out to be stronger than expected in some quarters- something that could have been built on • Survey data shows a decline in confidence that appears to growing • Relatively we prefer european assets over the US…
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