Market Commentaries | October 20, 2025

Q4 2025 Investment Outlook & Portfolio Strategy

Read our latest quarterly Investment Outlook and Portfolio Strategy document, providing a financial market recap for Q3 and our outlook for the next 12-18 months.

Downside risks to economic growth are looming large as uncertainty stemming from President Trump’s trade policies upend global activity – though tariff-induced inflation limits the ability of central banks to come to the rescue in a meaningful way.

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Fiera Capital Market Update January 2021 by Candice Bangsund

Market Commentaries

November 7, 2025

Global Asset Allocation Team Market Update – November 2025

The fourth quarter got off to a strong start. Solid economic and corporate earnings results in the United States provided a tailwind for global stock markets – while a tentative trade truce between the United States and China added to the optimistic mood in the market.

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