From the Global Market Strategy Team: How a U.S. government shutdown hits the strategist desk Get Our Insights >
Smart insights drive stronger portfolios
We leverage proprietary research and collaborate with investment teams across New York Life Investments to offer timely answers to the questions facing investors today in key areas:
Chart of the Week: Geopolitics Around the World
WEEK OF NOVEMBER 9, 2025
In a big week for U.S. policy, we’re checking in on geopolitics. No matter where you look, industrial policy, security ties, and access to critical inputs are reshaping trade and investment. In this week’s note, we take a tour around the world, detailing how macro crosscurrents are creating market risks and opportunities.
Read Macro Pulse Report: Dog Days, Data Shifts
Credit: Canaries in the Coal Mine, or a Healthy Reality Check
Recent high-profile bankruptcies have put credit markets back in the spotlight. In this week’s Market Matters, Lauren Goodwin and Sarah Hirsch are joined by Rob Smalley and Cameron White from MacKay Shields and Patrick Koehl from Apogem Capital to go beyond the headlines and decode what’s driving market sentiment.
Is AI in a bubble?
Is AI in a bubble? This question encompasses not just concerns about price action and market concentration, but questions around AI-related capacity and resource constraints. Julia Hermann explains why AI’s transformative potential still supports long-term investment conviction, even as valuations rise and near-term market dynamics shift.
Credit: Canaries in the Coal Mine, or a Healthy Reality Check
Is AI in a bubble?
2025 | Trust or Bust: The Next Era of Global Debt Sustainability
The choices governments make will shape long-term capital markets assumptions around inflation, interest rates, and potential growth; and will influence asset allocation.
A global debt sustainability framework:
Private Markets
Navigate the next phase of global private markets
Key investor questions:
- How will diverging rate cycles and policy shifts shape private market opportunities in 2025?
- Which global megatrends such as electrification, digitization, and re-globalization are creating new long-term opportunities?
- Where can investors find the strongest potential across private equity, private credit, real estate, and real assets?
Prospective investors should be aware that investments in private funds or alternative investment strategies are suitable only for qualified investors who do not require liquidity and who can bear the economic risk, including the potential for a complete loss, of their investment. Investors are encouraged to consult their tax or legal advisors before making such investments.
Video: Private Markets Outlook - Navigating a Global Market Reset
About Global Market Strategy
Our team of market strategists connects macroeconomics to asset allocation. We provide actionable insight into market-driving events, structural themes, and portfolio construction to empower investment decision-making.
Lauren Goodwin, CFA
Chief Market Strategist
Julia Hermann, CFA
Global Market Strategist
Michael LoGalbo, CFA
Global Market Strategist
Sarah Hirsch
Global Market Strategist
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