Key Market Moves | Weekly Summary
September 29 – October 3 General Summary: Markets faced mixed signals last week, balancing political uncertainty in the U.S., inflationary pressures in Europe, and weakness in Asia. Meanwhile, Latin America showed resilience in public finances and corporate outlooks. United States Europe Asia Latin America “In investing, what is comfortable is rarely profitable.” — Robert Arnott […]
S&P 500 Earnings Outlook — 3Q 2025
The S&P 500 shows resilience heading into 3Q 2025, with reasonable earnings growth expectations despite a challenging macroeconomic backdrop. Below are the main takeaways for the upcoming earnings season: Earnings Growth Sector Growth Revenues Valuation Key data points for the quarter: ☑ EPS growth estimate +7.9% YoY in 3Q 2025 (vs. 7.3% as of June 30) ☑ […]
Global Economic Outlook: Mixed Signals and Upward Revision
September 22–26 General Summary: In an environment marked by monetary uncertainty and resilient consumption, the latest data and comments from financial authorities show a mixed picture: while the OECD revised global growth forecasts upward, some central banks remain cautious and highlight medium-term risks. United States Europe Japan China Mexico “The greatest enemy of a good […]
Central Banks Set the Tone for the Week
Week: September 15–19 Recent economic data and monetary policy decisions highlight diverging dynamics in the global landscape. From the Fed’s first rate cut of the year to slowing momentum in China and persistent inflation in the United Kingdom, markets are navigating a complex environment. United States: Europe: Asia: Latin America: “I’ve usually used the phrase […]
Fed cuts rates for the first time in 2025, cautious outlook
The Federal Reserve lowered its benchmark rate to a 4.00%–4.25% range, in line with expectations. The decision was nearly unanimous, with only one dissent. Projections point to two additional cuts before year-end, which would bring the average rate to 3.6%. For 2026, the Fed anticipates just one more adjustment. While inflation and unemployment forecasts remained […]
Market Outlook and Positioning
September 2025 The stability of inflation and weakness in employment have raised expectations for a more accommodative monetary environment. Combined with the trade agreements reached so far and easing tensions with China, this has boosted investor optimism. Here’s a summary of key developments: Market Performance After a challenging first half of the year, the S&P 500 […]
Inflation, Employment, and Fiscal Adjustments in Focus
September 8–12 U.S. inflation came in above expectations, but declines in producer prices and weak employment data reinforced expectations of a rate cut. In Latin America, Mexico and Brazil outlined new fiscal plans, while Europe and China continue to show trade fragility. “Time is your friend; impulse is your enemy.” — John C. Bogle Key […]
Mixed data and signals of rate cuts
Week: September 2-5 Markets remain attentive to mixed signals on inflation, trade, and monetary policy. In a week marked by diverging economic data and monetary policy expectations, here are the key points investors closely followed: United States Europe Asia Latin America “Our favorite holding period is forever.” — Warren Buffett Upcoming Key events: Monitor
2Q25 earnings season: strong results, underlying risks
The second-quarter earnings season closed with results better than expected. 81% of S&P 500 companies beat estimates, with aggregate annual earnings growth of 12%. Nvidia stood out with a +45% increase in earnings, while Technology, Financials, and Industrials led the way, driven by artificial intelligence and energy demand. Key data from the quarter: Consumers remain […]
Markets Repositioned: Tariff Impacts and Mixed Data
Week: August 25–29 Global markets reacted this week to renewed trade tensions, macroeconomic revisions, and political moves that increased uncertainty over the global economic outlook. In the U.S., stronger-than-expected data was overshadowed by political interference. In Europe, confidence indicators showed a fragmented recovery. Asia remains cautious amid weak industrial growth, while Latin America faces rising […]
