Federated Hermes- Mon, 06/30/2025 - 04:01

After the volatility, where is the stock market headed?

With peak tariff uncertainty behind us, we think stocks should grind higher.

Steven Chiavarone, CFA
Senior Vice President
Senior Portfolio Manager
Senior Equity Strategist
Head of Multi-Asset Group

DISCLOSURES
Views are as of the date above and are subject to change based on market conditions and other factors. These views should not be construed as a recommendation for any specific security or sector.

Gross Domestic Product (GDP) is a broad measure of the economy that measures the retail value of goods and services produced in a country.

S&P 500 Index: An unmanaged capitalization-weighted index of 500 stocks designated to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries. Indexes are unmanaged and investments cannot be made in an index.

Stocks are subject to risks and fluctuate in value.

Issued and approved by Federated Global Investment Management Corp.

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Federated Hermes

Federated Hermes is a global leader in active, responsible investing, with a commitment to responsibility deeply embedded in our heritage, client relationships, long-term vision, and fiduciary principles. Our extensive platform of investment solutions empowers investors to achieve a diverse range of outcomes. We specialize in managing equity, fixed-income, alternative/private markets, multi-asset, and liquidity management strategies for institutional investors, including insurance entities. Headquartered in Pittsburgh, our team of over 2,000 employees spans across major financial hubs such as London, New York, Boston, and other locations worldwide.

Brian Willer
Institutional Business Development
North America National Sales Manager
Federated Securities Corp.
Brian.Willer@FederatedHermes.com
617-335-0770

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