2025-09 Global DM Monthly Recap
Is the September surge in global equity optimism a sign of sustainable growth, or just the calm before another inflation-driven storm?
Executive Summary
The September Global Market Recap highlights a sharp rise in global equity optimism, fueled by easing recession fears, supportive rate-cut expectations, and U.S. indices reaching new highs. However, this surge sits uneasily against lingering risks of inflation resurgence, stretched valuations, and renewed bond market volatility. The core tension is whether the rally reflects sustainable growth momentum or simply a fragile calm before another inflation-driven correction.
