In this month’s Market Review & Outlook, our team looks back at the key factors contributing to second quarter economic and market performance. Looking ahead, a “cooling, not cratering” economy improves the outlook for equity outlook, though with upside risks to inflation and downside risks to growth. Below is a summary.

Private placement life insurance (PPLI) can be a powerful tool for ultra-high net worth (UHNW) individuals. It can help to optimize their investment portfolios, protect assets, and enhance estate planning strategies. In this brief primer, we highlight the key features of PPLI.

Monthly Market Insights, June 2025

The past month has seen no respite from global tensions, with ongoing trade policy uncertainty and a brief but intense conflict between the US and Iran keeping markets on edge. Despite these headwinds, equity markets have proven resilient, and the potential for a longer-term impact on the US economy and markets remains unclear.