As summer fades into fall, what do recent job market changes mean for the economy? In this new Market Pulse podcast, Transamerica Asset Management, Inc., CIO Tom Wald analyzes unexpected job market revisions and their potential to lead to three rate cuts in 2025. Despite the cooling labor market, find out why stocks remain resilient and how these changes might pave the way for an economic “sweet spot.” With updates on the S&P 500® year-end target and a crucial Supreme Court decision on tariffs, Tom offers concise strategies to navigate this shifting landscape. Tune in for a brief, but insightful discussion on the season’s economic outlook.

After navigating some turbulence following “Liberation Day” on April 2, the Dow Jones Industrial Average, the S&P 500®, and the Nasdaq composite have pushed toward record highs. Is the latest bull run sustainable for the remainder of 2025 and beyond? Join Transamerica Asset Management, Inc., CIO Tom Wald for a new Market Pulse podcast as he discusses four market catalysts that could help stocks continue to rise: tariff resolutions, interest rate cuts, corporate earnings growth, and a lower-for-longer tax environment. Tom also provides context for his year-end S&P 500 price target and explains why the market remains favorable for investment-grade bonds.

4755215 08/25

Markets often seek to climb a “Wall of worry,” and they had plenty of climbing to do in the first half of 2025. Despite tariff uncertainty, continued interest-rate debate, and escalating conflict in the Middle East, the markets performed relatively well in the first half of the year. So what’s on tap for the rest of 2025? Look ahead with a new Market Pulse from Transamerica Asset Management, Inc., CIO Tom Wald, CFA®. Hear Tom break down expectations and offer his year-end forecasts for stocks, fixed income, the U.S. economy, international opportunities, and much more. Get insight and analysis to help pursue your investing goals for the remainder of the year and beyond.

4644906 07/25