In the third quarter of 2025, leading stock market indexes sustained the 2025 upward trend and
hit new all- me highs. Global financial markets saw substan al gains in Q3 2025, primarily due to
a strong appe te for ar ficial intelligence (AI) and technology, impressive corporate profits, and
a widely an cipated interest rate reduc on by the Federal Reserve (Fed) that began the eagerly
an cipated rate-cu,ng cycle. A declining US dollar aided emerging markets. Credit, digital
currencies, and commodi es highlighted by significant, record-breaking surges in gold and silver
also did well. As economic growth remained steady, tariff rises turned out to be less severe than
an cipated.
Investment report Q3 2025
SFB SA
10/11/2025