Midyear Outlook: Exceptional Uncertainty, Unexpected Market Resiliency

Published on July 23, 2025

In a series of blogs, our experts look back on an exceptionally volatile first half, then offer their insights on what we might expect to see for the balance of the year. Let’s start with a high-level overview.

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An Obvious, Investable Trend

July 23, 2025
Last week, we covered my concerns about AI’s impact on jobs. This week, we’ll take a look at its impact on energy demand and who pays for that energy.

US Department of Labor applauds President Trump’s ‘AI Action Plan’ to achieve global dominance in artificial intelligence

July 23, 2025
WASHINGTON – U.S. Secretary of Labor Lori Chavez-DeRemer and Deputy Secretary of Labor Keith Sonderling today praised the release of President Trump’s artificial intelligence policy strategy, “Winning the Race: America’s AI Action Plan.”Developed in response to the President’s January Executive Order “Removing Barriers to American Leadership in Artificial Intelligence,” the AI Action Plan sets a c