October 2025 Market Commentary

October 2025 Market Commentary

Introduction October was a month of transition for both markets and policymakers, as investors navigated the effects of continued monetary easing, a prolonged government shutdown, and shifting global trade dynamics. Confidence remained supported by strong corporate...
October 2025 Market Commentary

September 2025 Market Commentary

Introduction September marked a turning point in U.S. monetary policy, with the Federal Reserve cutting rates by 25 basis points to a new target range of 4.00%–4.25%. This move, the first reduction since December 2024, was characterized by Chair Powell as a...