Rothschild & Co signs a referral agreement with Liechtensteinische Landesbank (LLB) to onboard their UAE business, evidencing Rothschild & Co’s continued commitment to the Middle East. Rothschild & Co’s Wealth Management business in Dubai has developed strongly since launch in 2024.
France faces political uncertainty as PM Bayrou’s minority government risks collapse ahead of a 8 September confidence vote. Budget issues, rising populism, and high debt challenge stability, but market impacts remain limited—for now.
China’s stock market is up ~28% in 2025, outperforming globally, but structural issues persist. Property woes, deflation risks, and geopolitical tensions cloud the outlook despite resilient exports and targeted policy support.
Despite fears, pensions aren't doomed. The real issue is economic output, not savings. Growth depends on labour, innovation, and productivity—not demographics alone. Misframed debates risk worsening outcomes unnecessarily.
In this Market Perspective, resilient markets continue to mask global uncertainty. AI optimism fuels tech stock momentum, but valuations remain stretched. With inflation sticky and tariffs rising, strategic caution persists in a shifting investment landscape.