ownload Article<\/a><\/p>\n\n\n\nWe recognise the risks coming from geopolitics and US politics, and the increased uncertainty around economic growth. But markets have adjusted rapidly to the changed narrative; valuations of equities are now lower, in some cases materially, and while short-term volatility could remain high as unwinding of extended positions might have further to run, systemic risks are minimal, corporate profits are generally holding up well, and the Fed\u2019s rate cutting cycle is about to begin.<\/p>\n","protected":false},"excerpt":{"rendered":"
We recognise the risks coming from geopolitics and US politics, and the increased uncertainty around economic growth. But markets have adjusted rapidly to the changed narrative <\/p>\n
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\u00a0Monthly Market review \u2013\u00a0D<\/a>ownload Article<\/a><\/p>\n\n\n\n