Global markets continued their rebound in May, extending the recovery from April’s lows as consumer sentiment improved and trade tensions temporarily eased. Despite this progress, the broader economic outlook remains uncertain. Ongoing trade negotiations offer some hope, but the threat of higher tariffs looms if agreements aren’t reached.
While equity markets posted gains during the month, investor caution grew amid concerns about stretched valuations following sharp rallies.
Fill out the form to read the factor summaries across global markets in the May 2025 Factor Performance Analysis Report.
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