On not responding to events
The war with Iran has once again placed geopolitical risk as the major topic in most investment discussions. At times like these, some investors try to move opportunistically — buying asset classes or sectors that they expect to benefit while shedding those that look set to lose. Others aim to time the market. Others, still, […]
Market Snapshot
Testing the resilience of the global economy
The long and the short of it in Iran
Markets rarely move in a straight line during geopolitical crises, but they do follow patterns. At the outset of the conflict, the Trump administration positioned military action against Iran as a short, targeted operation: degrade nuclear and missile capabilities and accelerate regime change in the region. Yet as we approach the three-week mark, the timeline […]
Market Snapshot
Strategic reserves deployed as oil volatility unnerves markets
Looking across the valley
The Strait of Hormuz in the Middle East is a critical choke point through which 20% of the world’s oil flows daily. The US and Israel attack on Iran and its retaliation has effectively shut that corridor down. To unlock the bottleneck, US President Donald Trump has offered a naval escort for oil tankers, with […]
Market Snapshot
Escalating Iran war rocks markets
AI: ottimismo, non esuberanza
Read More Watch now Listen now Read More Watch now Listen now Qual è la nostra view a lungo termine sulla bolla dell’AI e come si riflette nella nostra visione dell’economia. C’è molta preoccupazione sul fatto che l’AI sia in bolla. Noi non la classifichiamo in questo modo. Pensiamo di essere in piena espansione. Osservando […]
Inside the Fed’s rate cut: The Fixed Income view
Read More Watch now Listen now Read More Watch now Listen now Read More Watch now Listen now Robert: Big movement yesterday1 with the Federal Reserve (the Fed). Rates are always a huge topic in our business. Walk us through what happened. RJ: I don’t think the Fed surprised anyone yesterday. Markets were well-prepared for […]
Outlook 2026: Private Markets
La view del Managing Director Steve McGoohan Managing Director, Private Markets Quali sviluppi potrebbero verificarsi per i private markets nel 2026? Le asset class “private” sono influenzate dagli stessi fattori macro delle loro controparti quotate, sebbene il metodo e la tempistica di tali impatti possano variare. Digitalizzazione, demografia e deglobalizzazione sono importanti megatrend che continueranno […]
Outlook 2026: Liquidità
La view del CIO Deborah Cunningham, CFA Chief Investment Officer, Global Liquidity Markets, Senior Portfolio Manager, Executive Vice President, Federated Hermes, Inc. Qual è la tua view contrarian per il 2026? Che la Federal Reserve statunitense (Fed) rimanga indipendente. Le incessanti critiche dell’amministrazione Trump al presidente della Fed Jerome Powell hanno portato molti a pensare […]
