Despite recent volatility and a Moody’s downgrade, U.S. stocks have rebounded, and BlackRock continue to view U.S. assets as core to portfolios—though heightened uncertainty limits conviction in any single long-term scenario.

Markets were buoyed by easing US-China tensions and soft US inflation data last week, though Moody’s US credit downgrade and weak retail sales unsettled sentiment; this week brings Eurozone CPI, UK inflation, and a wave of central bank commentary alongside global economic forums and key housing and PMI data.

Malcolm Schembri – Fund Manager, of EPIC Global Equity Fund reflects on how Warren Buffett’s timeless principles—focusing on quality businesses, decentralised leadership, and long-term thinking—have shaped his investment philosophy and guided both successes and mistakes throughout his career.