Insights & Education

Our take on the U.S. tariff pause The consideration of some financial risks and costs of tariffs has put a check on the U.S. approach.

Reducing risk as uncertainty bites We see more pressure on risk assets in the near term given the major escalation in global trade tensions. We

Doing the math on U.S. policy shifts Major U.S. policy changes have upped uncertainty in a world of structural shifts. We see a path where

Policy uncertainty a risk to U.S. growth Markets are doubting U.S. growth and equity strength. Yet economic conditions don’t signal a downturn. Resilient earnings keep

Big policy shifts reinforce higher rates U.S. tariffs and Europe boosting fiscal stimulus reinforce our view of policy rates staying higher versus pre-pandemic levels. We

AI a key driver of the power outlook Expectations of rising power demand due partly to artificial intelligence (AI) are driving market volatility. We favor