Sunday Thoughts: A fragile economic balancing act

Cracks are emerging across key pillars of the global economy. In the U.S., housing data continues to deteriorate, with high mortgage rates weighing on demand and threatening construction-led job growth. Meanwhile, tariff risks are proving more disruptive than interest rates, clouding corporate decision-making and muting investment. Geopolitical tensions in the Middle East have flared but remain contained, with markets treating the latest U.S. strike as a localised event. As macro uncertainty lingers and policy tools grow less effective, hedging against downside risk remains a prudent stance.

Written by Anthony Benichou, Cross Asset Sales, Liquidnet Alpha

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