Market Overview & Strategy - American Century is marginally bullish on equities, slightly favoring non-US developed markets and small caps [3] - The firm is "all in" on the US market and its resilience, despite some favoring non-US markets due to accommodative monetary policy [5] - The hard economic data has been resilient throughout the period [6] US Economic Policy & Impact - The speaker believes President Trump pays attention to the markets and may intervene to mitigate unexpected volatility [6][7] - The speaker anticipates one or two rate cuts by the Federal Reserve later in the year, despite potential pressure from President Trump [7] - The ultimate goal for the Fed and the President is full employment, low inflation, and strong markets [8]