Global Asset Allocation Team Market Update – October 2025
October 14, 2025 | Market Commentary, Public Markets
Financial markets ended the third quarter on a solid note. Rate cuts from both the Federal Reserve and the Bank of Canada combined with expectations for further monetary policy easing bolstered risk appetite and propelled global equity markets to new record highs – while the unrelenting mania around Artificial Intelligence was also a key source of momentum and provided a powerful headwind for stock markets last month.



