Market perspectives

The Fed eased its policy rate by 0.25%, but a December cut isn’t guaranteed. With inflation still high, slowing job growth, and the government shutdown, policymakers will have to navigate competing forces in the face of persistent uncertainty.

Private equity secondaries offer investors quicker liquidity and lower risk, making them a valuable addition to private market portfolios, especially amid constrained traditional exit routes and evolving market conditions.

The overarching economic environment plays a major role in equity performance following the first cut in a Fed-loosening cycle.