We continue to suggest an "up in quality" fixed income bias for the short run, but investors can still consider some of the riskier parts of the fixed income market in moderation.
Inflation's trend has been favorable this year, but a growing conflict in Iran—combined with already-imposed tariffs—might put upward pressure in prices later this year.
Summer re-runs are popular on TV, but a repeat of last August's "yen-carry" market upheaval isn't likely on the schedule. A shift in positioning by investors is one reason.
2025 has been a bouncy year so far with market ups and downs and uncertainty regarding possible tax changes and economic impacts of tariffs. Are you ready for what may come next?
Find Market Commentary content
The Markets Shrug at Geopolitics, for Now
Corporate Bonds: Mid-Year 2025 Outlook
What's Going On…With Inflation
Fed Keeps Rates Steady, Says Risks Still Elevated
Supply Chain Messages About the Trade War
'Muddiness' & Uncertainty in the Markets (With Cameron Dawson)
"Yen-Carry" Anniversary Nears, but Worries Fade
2025 Wealth Management Midyear Outlook
How Will Tariffs & Debt Affect the Economy?