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Markets and Economies

From policy decisions by the U.S. Federal Reserve and other central banks to news events to the dizzying array of data tracking economies worldwide, investors need cutting-edge perspective on “macro” matters. Our experts provide the kind of analysis and insight on the global economy that is crucial to making informed investment decisions.
Insight
April 04, 2025

Key Points on Tariffs, Funding Cuts, and Market Volatility

Assessing the economic and market impact of the April 2 tariff announcement and other developments.
Overhead view of container ship -- Addressing Investor Questions on Tariffs and Inflation
Insight • February 18, 2025

Addressing Investor Questions on Tariffs and Inflation

An examination of the potential impact of the proposed levies on U.S. trading partners.
saw cutting wood - Seven Quick Points on the Fed’s December Rate Cut
Insight • December 19, 2024

Seven Quick Points on the Fed's December Rate Cut

A brief outline of the policy and investment implications of the December 17–18 FOMC meeting.
highway with cars+2025 Investment Outlook: A Broadening Opportunity Set
Insight • December 16, 2024

2025 Investment Outlook: A Broadening Opportunity Set

Favorable long-term and near-term macroeconomic conditions and a wider range of investment possibilities shape our outlook for risk assets in 2025.
Grain harvester cutting crop - Six Quick Points on the Fed’s November Rate Cut
Insight • November 08, 2024

Six Quick Points on the Fed’s November Rate Cut

A brief outline of the policy and investment implications of the November 6–7 FOMC meeting.
plane landing at international airport - What’s Driving the Strength in Global Equities?
Insight • October 23, 2024

What’s Driving the Strength in Global Equities?

Macroeconomic and industry-specific trends are providing tailwinds. Given the scope of the opportunity set, we think selectivity will be the key to investment success.
Circular saw cutting -- Five Quick Points on the Fed’s Rate-Cut Decision
Insight • September 19, 2024

Five Quick Points on the Fed’s Rate-Cut Decision

A brief outline of the policy and investment implications of the September 17–18 FOMC meeting.
People going to work on a busy street -- Labor Market Will Be Key to Size of Fed Cut
Insight • August 29, 2024

Labor Market Will Be Key to Size of Fed Cut

The pace of the moderation in U.S. employment data could influence whether the U.S. Federal Reserve delivers an expected rate cut of either 25 or 50 basis points at its September policy meeting.
highway exit symbolizing new path for interest rates -- U.S. Inflation: July CPI Puts September Rate Cut in Play
Insight • August 15, 2024

U.S. Inflation: July CPI Puts September Rate Cut in Play

The U.S. consumer price index is running at a pace consistent with the U.S. Federal Reserve’s 2% inflation target, allowing policymakers room for a quarter-point rate cut
Line of Trucks driving on highway: US Economy GDP Bounces Back in the Second Quarter
Insight • July 26, 2024

U.S. Economy: GDP Bounces Back in the Second Quarter

Stronger-than-expected U.S. growth was paced by robust demand. Here are the implications for U.S. Federal Reserve policy and key asset classes.
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Note to Switzerland Investors: In Switzerland, the Representative is ACOLIN Fund Services AG, Leutschenbachstrasse 50, CH-8050 Zurich, whilst the Paying Agent is Bank Vontobel Ltd., Gotthardstrasse 43, CH- 8022 Zurich. The prospectus, the key information documents or the key investor information documents, the instrument of incorporation, as well as the annual and semi-annual reports may be obtained free of charge from the representative. In respect of the units offered in Switzerland, the place of performance is at the registered office of the representative. The place of jurisdiction shall be at the registered office of the representative or at the registered office or domicile of the investor.

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