We are excited to share Traveka Wealth’s market outlook for the 2nd Quarter of 2025, which also includes a review of Q1 2025. The theme for this quarter’s outlook is “The Hammer Has Dropped”, as the market tries to digest the first 90-days of the Trump Administration. We discuss a few key topics, such as:

• China’s Tech Revival
• Germany’s Economy Kickstart Spending
• Trump 1.0 vs. Trump 2.0
• April Market Shocks
• Stagflation
• Tariff Implications

Please reach out with any questions, concerns or for a further conversation.