Global Macro Outlook: Second Quarter 2025

Published on April 3, 2025

Uncertainty is the watchword for the global economy. Dramatic policy shifts—tariffs in particular—by the Trump administration 2.0 have so far surprised financial markets and softened consumer sentiment. But we see a global economy well positioned to absorb potential shocks in the months ahead.

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Rising Sun, Rising Wages: Japan's Market Signals New Opportunity

April 3, 2025
Compensation dynamics are commanding investor attention once more. For the first time in decades, Japan's pay increases—finalized at +5.46% in this year's shunto negotiations—have notably exceeded compensation growth rates in the United States.

US Department of Labor awards $2M for Washingtonians affected by Boeing layoffs

April 3, 2025
WASHINGTON – The U.S. Department of Labor today awarded $2 million to Washington to help workers dislocated by Boeing’s companywide reductions. The funding will ensure impacted workers have access to needed resources, including employment and training services.Administered by the department’s Employment and Training Administration, this National Dislocated Worker Grant enables Washington to provid