Core Insights - The global market is undergoing a significant shift in 2025, with the U.S. economy experiencing actual contraction in Q1, developed market indices outperforming U.S. stocks, and the dollar depreciating by 10% since its peak in January [1][3]. Group 1: Market Conditions - The consensus among investors has become more ambiguous compared to six months ago, complicating the understanding of trade impacts and leading to potential complacency regarding U.S. tariffs and the Eurozone outlook [2][4]. - The U.S. economy is not expected to experience a boom but will not completely collapse, while the EU is making progress, albeit slowly [4]. Group 2: Investment Strategy - The company recommends a selective asset and diversified investment strategy, emphasizing that high-quality asset allocation is the cornerstone of any investment portfolio [1][5]. - There are numerous short-term opportunities available, including regional reallocation and utilizing increased yields, as the ambiguity in consensus provides investors with various choices [5].