Q4 2025 Market Outlook & Investment Strategy

This month, we discuss the Fed's closer-than-expected hold, the bear-steepening it triggered, and the forced deleveraging that amplified an AI-driven selloff.

Emerging market equities have delivered strong performance in 2026, fuelled by surging demand for AI-related technologies and significant gains across North Asian markets. In this article, Bedrock's Head of Investment Advisory, Helena Eaton, explores the key drivers behind this rally and the opportunities that may lie ahead.

This month we discuss an Iran ceasefire that finally won its signatures and the oil unwind that followed, Kevin Warsh’s first meeting at the Fed and the real-rate squeeze it set off, a blockbuster SpaceX debut that soared then drifted, and a memory shortage that turned an Asian semiconductor selloff into a story about demand, with a change of government in Britain and the ECB’s first hike in two years rounding out a busy month.