What is the best second term “trump trade”?

Picking through a murky market outlook for the rest of 2025

“A latter-day Rip Van Winkle… napping since the start of the year, might think not much had changed” over the past six months in financial markets, says Randall Forsyth in Barron’s. The S&P 500 index

Europe has been a winner while US has been a (relative) loser

Stocks are living their best life while the dollar is having its worst year since 1973

Issue of the week: the US/UK trade accord ...

Companies in the news ...and how they were assessed