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