This week, U.S. bond and equity markets moved higher on Fed easing expectations, favorable inflation data, and double-digit earnings growth (so far).

Lower interest rates, solid early corporate earnings reports, and calmer talk about trade between the U.S. and China improved investor sentiment and helped U.S. stocks bounce back after a rough start to October.

Renewed trade tensions between the U.S. and China drove stocks lower while the continuation of the government shutdown elevated concerns.

In 2025, the U.S. economy has shown resilience despite challenges from government policies. While inflation has eased, it remains elevated due to ongoing tariff-related pressures, and the labor market is in a period of low hiring, low firing.

Global growth slows under the weight of tariffs, but fiscal stimulus, AI-driven productivity, and corporate strength keep equities in the driver’s seat.

Voya’s investment leaders debate the Fed rate cycle, policy questions, and the widening effect of AI’s massive, global buildout.

Despite the shutdown, markets were more focused on labor and the probability of more rate cuts.

Stable value funds and money market funds are often compared in terms of their returns … but only one has had consistent performance over the long term.

To evaluate is human; to document the process, divine.

Voya’s 529 plans provide tax advantages, diverse investment options, and adaptive strategies to help families maximize their college savings and prepare for future education expenses.