Edmond de Rothschild Asset Management argues that easing geopolitical tensions have improved the macro backdrop, but resilient U.S. growth and AI-driven earnings continue to provide the strongest support for equity markets.
- The reopening of the Strait of Hormuz and lower oil prices have reduced inflation concerns and pushed bond yields lower, although technology stocks experienced profit-taking after a prolonged rally.
- The firm remains overweight U.S. equities, citing robust economic momentum, solid earnings prospects and continued investment in AI, energy and electrification despite increased market volatility.
- With central banks adopting a more hawkish stance, Edmond de Rothschild remains neutral on duration while favouring equities over fixed income in the current environment.
Read the full market update for Edmond de Rothschild’s latest views on equities, fixed income, commodities and global asset allocation.
Continue reading this article?
Register for free and get access to Investment Officer International:
- Exclusive for professional investors
- Cancel anytime
- Unlimited access: web, app and newsletters
Registration takes less than 1 minute.
No payment details required
Register for free and get access to Investment Officer Luxembourg:
- Exclusive for professional investors
- Cancel anytime
- Unlimited access: web, app and newsletters
Registration takes less than 1 minute.
No payment details required
