Morningstar Markets Observer: Q4 2025
As US stocks posted strong gains, what type of risks lie ahead?
Global markets have mostly recovered from tariff shockwaves that worried investors earlier this year. Since then, the US stock market rebound continues to be underway, led by momentum for most companies of the "Magnificent Seven". As market sentiment has improved, emerging-market stocks nearly matched developed international stock markets' impressive 25.8% YTD return. Our researchers further dive into where the global markets stand and what investors should keep in mind when investing in current market conditions.
Our research gives the in-depth market analysis on:
- Equity markets 
- Bonds markets 
- Funds 
- Economic indicators data 
As geopolitics, interest rates, inflation, and GDP growth, among other factors, continue to weigh on market prices and valuation-implied returns, now is the time to ensure you’re equipped with the latest market data. Download the full report to inform your investing strategy today.