Capital Market Outlook

IN THIS ISSUE

• Macro Strategy — Shock and Awe: Taking Stock of “Made in China 2025": China's push for self-sufficiency and high-end manufacturing dominance may be reflective of a global economy that's more fragmented than integrated.
  
  
• Market View — Before Investing Abroad (or at Home), Know What You Own: We highlight a few key nuances investors should keep in mind when considering investing abroad or at home. 
  
  
• Thought of the Week — The (Bull)ion Market—Where Could it Go from Here?: Gold has been buoyed by a number of factors as investors have turned to gold in light of the flurry of recent tariff announcements, possible reacceleration of price levels, and ongoing geopolitical conflicts.​