A decent quarter, but what’s next?

IT has been a good quarter for global markets over the past three months with tariff-related issues having more or less settled down, while lower benchmark interest rates globally and expectations of a rate cut in the United States sent markets to record highs.

The Dow, S&P 500, Nasdaq Composite, Singapore Straits Times Index, Jakarta’s Composite Index, Australian Stock Market Index, Nikkei 225 and FTSE 100 all hit record highs in the past month.