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: After the Cut – Global Allocation for a New Rate Regime
WEEK OF OCTOBER 5, 2025
Our Global Market Strategy team’s latest October Macro Pulse report is out, where we share key investment takeaways across geographies and asset classes!
This week, the top story is the U.S. government shutdown and what this means for markets and the economy. Investors can operate under a simple rule of thumb: the longer a shutdown lasts, the greater its effects on consumer confidence, economic activity, and market outcomes.
Read Macro Pulse Report: Dog Days, Data Shifts
How a U.S. Government Shutdown Hits the Desk, and the Outlook
The U.S. government has shut down, furloughing federal workers and halting key economic data releases. Julia Hermann and Sarah Hirsch discuss how the data blackout complicates the Fed’s October 28-29 meeting and what it means for markets.
After the Cut: Global Allocation for a New Rate Regime
The Fed’s shift toward easing marks an important turning point for global markets. Sarah Hirsch explains why investors should look beyond the headlines of rapid Fed cuts and focus on the implications for allocation.
How a U.S. Government Shutdown Hits the Desk, and the Outlook
After the Cut: Global Allocation for a New Rate Regime
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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