Market Insights & Weekly Briefings 2025

The trade outlook remains murky as the US tariff pause expires on 9 July.

The US is back in hardball mode, but markets seem numb to Trump’s threats and reversals as stocks keep pushing to record highs.

This was a week when everything could’ve gone wrong—but didn’t. Quite the opposite.

Israel and Iran agreed to a ceasefire (for now), oil prices fell—easing inflation concerns—and US economic data continues to soften just enough to make rate cuts more likely, without sparking recession fears....

Markets were jolted early Monday after U.S. strikes on Iranian nuclear targets sparked fears of supply disruption.

Tensions between Iran, Israel, and now the US have escalated, driving oil price volatility and market uncertainty.

We explore the military developments, inflation risks, and what they mean for interest rates, investor sentiment, and portfolio positioning.
 

Markets entered the week hoping for calm and got just enough of it—until oil surged late Friday on renewed Middle East tensions.

The largest tax cut in American history—delivered a major plot twist, reigniting concerns over deficits and a ballooning national debt. It also triggered a public fallout between Trump and Elon Musk, playing out in true Jerry Springer Show fashion across social media

US equities remain a source of debate, with high valuations and concentration risk raising concern.

Yet strong consumer spending, AI-driven innovation, and passive inflows continue to support the market. We explore the risks, the resilience, and where value may still lie.

There’s no shortage of potential problems—but none have fully materialised.

It’s a timely reminder that, amid all the angst, the biggest risk for investors is often being out of the market.
 

Despite the mantra “never trade on politics”, markets continue to act in haste.

Our focus on mitigating volatility remains valid—but just as important is staying alert to behavioural traps. In times like this, clear communication with clients goes a long way.
  
 

Whilst recent moves by the US administration have unsettled markets, a tentative de-escalation in US/China relations offers some relief.

In this note, our investment team explores what these developments mean for investors, how different regions are responding, and how we are positioning in light of both near-term risks ...

The latest market rally can only be described as relief exuberance.

The word on the street is still “Trump crashed the markets”—but has he? Global equities have quietly risen in 17 of the last 19 sessions

Markets have been behaving like a swan in recent weeks—calm on the surface, but paddling furiously underneath.

Reports that US and Chinese officials were meeting in Switzerland for trade discussions helped lift market sentiment, as investors hoped for tariff de-escalation.

Encouraging news on trade—including a softening in auto tariffs and China waiving its 125% tariffs on some US products—markets were buoyed by strong earnings from Microsoft and Meta.

Yesterday, Spain experienced the worst power blackout in its recent history.

we want to reassure our clients that investments remain unaffected and operations at TAM continued as normal.

Trump wants lower rates and continues to put pressure on Fed Chair Jerome Powell—calling him “Mr. Too Late”

The Trump roller coaster that began on ‘Liberation Day’ saw the S&P 500 rally 5.7% last week—including a nearly 10% surge on Wednesday—after Trump announced a 90-day pause on tariffs and reduced levies for many countries.

The financial world is always shifting, with new developments influencing markets and economies. Here’s our take on some of this week’s noteworthy financial news.

Markets have witnessed the highest volatility since covid and the financial crisis of 2008.

In this timely note we discuss having a, and importantly implementing, a long-term plan is vital for investment success and how making panicked decision should be avoided.

Trump’s unexpected tariff announcement sent markets reeling and raised serious concerns about global growth.

Read TAM Europe’s latest insights on the implications and what it could mean for investors.

Trump’s sweeping new tariffs have reignited global trade tensions.

Learn how TAM is positioning portfolios defensively while preparing to capture future opportunities.

The U.S. economy added 228,000 jobs in March 2025, far surpassing expectations and highlighting the ongoing resilience of the labour market

Following a volatile start to 2025, many investors are questioning what recent market movements mean for their portfolios. In this latest insight, Phil Hadley explores what’s driving the turbulence, why this is not a time to panic, and how TAM portfolios built around active management and true diversification are holding up well ...

UK CPI dropped to 2.8% in February, the lowest since 2021, raising expectations for rate cuts later this year.

The US Federal Reserve decided to keep interest rates on hold.

In his latest market insight, "No Pain, No Gain," James Penny, CIO of TAM Asset Management, explores the current market landscape, the impact of U.S. economic policy shifts, and the growing appeal of global diversification.

At TAM, we believe this volatility presents opportunities for investors willing to take ...

The US economy added 151,000 jobs in February which was slightly below what the market was expecting of 160,000. Alongside this, unemployment for the US crept up to 4.1% against expectations it would remain flat at 4%.

Markets are shifting, and investors are adapting. With a broadening focus beyond US tech, Europe and value stocks are taking the lead.

TAM remains ahead of the curve, positioning portfolios to capture emerging opportunities while managing risk.

Stay informed with our latest insights.

Europe’s market momentum is building, driven by hopes of a Ukraine ceasefire and renewed investor confidence. With a strong start to 2025, TAM is actively positioned to capture opportunities while maintaining a defensive edge.

Read our latest insights on what’s next for global markets.

Inflation in the US unexpectedly rose in January to 3%.

Trump’s new tariffs on Canada, Mexico, and China are shaking markets.

Discover how trade tensions, inflation, and interest rate shifts could impact investors in our latest market update.