Oct 25, 2025

I recently came across news about a new book that outlines a future U.S. strategy roadmap for a more multipolar world, moving beyond the focus of President Trump’s second term. The book, titled “First Among Equals: U.S. Foreign Policy in a Multipolar World” by scholar Emma Ashford, explores the implications for the Indo-Pacific and Southeast Asia. The book suggests a more restraint-based approach to U.S. foreign policy, which has gained traction in recent years. It also highlights the changing dynamics in U.S. foreign policy and the potential impact on different regions, including Asia.

Additionally, I learned about a strategist’s recommendation to be underweight on U.S. stocks and instead focus on investing in Japan and emerging markets. The strategist, Tim Hayes from Ned Davis Research, points to signs of deteriorating relative performance by U.S. stocks compared to other regions. He suggests that valuations are more favorable in emerging markets and Japan, prompting a shift in investment strategy. These recommendations are based on market trends and indicators that suggest potential outperformance in these regions.

Furthermore, there was news about the sale of Kentucky-based bourbon brand Four Roses by Japan’s Kirin Holdings for around $1 billion. This move reflects a shift in consumer preferences away from alcohol, leading conglomerates to explore other areas of their business. The sale of Four Roses highlights the changing landscape in the bourbon market and the impact of trade wars on the industry. The news also mentioned significant venture capital deals, including investments in various startups across different sectors, showcasing the ongoing activity in the investment landscape.

In addition, there was an update on the sale of Dominion Voting Systems to a new company called Liberty Vote, led by a former GOP election official. The sale has raised questions about transparency and potential future conspiracies related to the ownership change. The news sheds light on the importance of transparency in such transactions, especially given Dominion’s history and the impact of baseless conspiracy theories on electoral integrity. Overall, these updates provide insights into market trends, investment strategies, and notable developments in the business and political landscape.

Today, I came across some interesting news in the financial world. Private equity deals were in the spotlight, with Barnes Group completing its separation into Barnes Aerospace and The Industrial Solutions Group. Additionally, Cinven is reportedly among the bidders for Pure Cremation, a British funeral services firm, in a deal that could exceed £500m. FieldFlo, a Denver-based provider of project and safety management software for subcontractors, also raised $35m from Mainsail Partners.

Stay Well!