Pick an asset allocation. Any allocation. All the possibilities have been winning combinations so far in 2025. As a result, the most-striking aspect of global markets as the third quarter winds down: across-the-board gains continue to prevail for the major asset classes, based on a set of ETFs through Friday’s close (Sep. 26).
Daily Archives: September 29, 2025
Macro Briefing: 29 September 2025
US inflation continued to edge higher in August based on a price index for personal consumption expenditures (PCE). The headline index was up 2.7% year-over-year, the highest level since April 2024. Core PCE prices, which exclude volatile prices for food and energy, rose 2.9% over the year, matching July’s trend.
