“For investors, these should serve as strong reminders that staying invested and well-diversified pays off, especially during periods of high uncertainty,” says Tan Min Lan, UBS’s head chief investment office for Asia Pacific (Apac) and UBS’s chief investment officer, Mark Haefele, in their mid-year outlook report.
From the tariff uncertainty brought about by US President Donald Trump’s ‘Liberation Day’ tariffs to geopolitical shocks stemming from conflicts worldwide, 2025 has been nothing short of eventful.
However, despite the uncertainty and volatility present this year, global markets have rebounded from the lows reached in early April. On July 3, the S&P 500 index reached its historic high of approximately 6,284.65 points during trading hours, only to close slightly lower at approximately 6,279.35. Closer to home, the Straits Times Index (STI) climbed and stayed above 4,000 points as well.
