Perspectives

Summer's end, September's bend?

Rothschild & Co Wealth Management Switzerland

August is usually a quiet month, yet this year was anything but. Tariffs, politics, and a 39% US levy on Swiss exports dominated the headlines, but markets held firm – a reminder that fundamentals matter more than short-term noise.

You can read our latest macro scorecard here: Macro Scorecard.  

Recorded on August 20 2025. 

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