In this 98th episode of the On Investors' Minds - APAC Edition podcast, Tai Hui recaps the just published Mid-Year Outlook, which is highlighted by 3 key themes: T: Trade policy, U: Unintended consequences, and F: Fiscal discipline, or shortened to TUF. Will U.S. exceptionalism continue through to the rest of 2025? What's the outlook difference between U.S. equities with that of International equities through to the end of the year? How can investors balance portfolio diversification with income generation? Listen now to Tai to get up to date and find out what this all means for investors.

The J.P. Morgan Guide to the Markets illustrates a comprehensive array of market and economic histories, trends and statistics through clear charts and graphs. Download the 2nd quarter 2025 Guide to the Markets - Asia from the J.P. Morgan website (https://am.jpmorgan.com/en/asset-management/institutional/insights/market-insights/guide-to-the-markets/?utm_campaign=-en--podcastEP98). Click here to read the full 2025 Mid-Year Outlook (https://am.jpmorgan.com/hk/en/asset-management/per/insights/market-insights/mid-year-outlook-2025/)

For 10 years, the Market Insights program has been on the ground across the Asia Pacific region engaging with clients, and providing guidance on the complex global markets. Listen now and don't forget to subscribe to stay updated on future episodes of On Investors' Minds - APAC Edition. For more analysis on the financial markets, visit the J.P. Morgan Asset Management website at https://am.jpmorgan.com.

2025 Mid-Year Outlook - Things are looking TUF

On Investors’ Minds