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Institutional Investing / Macro Insights
Q4 2025 Executive Summary
A late-year rally brought global stocks’ returns near all-time highs. Numerous countries set new records as years of US dominance gave way to non-US outperformance, evidence this bull market is fueled by much more than just big US Tech and Tech-like stocks.
A late-year rally brought global stocks’ returns near all-time highs. Numerous countries set new records as years of US dominance gave way to non-US outperformance, evidence this bull market is fueled by much more than just big US Tech and Tech-like stocks.
