Some of the feedback we received from YAINers was that last month we did not update you on how our newsletter was performing. In May we surpassed the 400 threshold of subscribers, realising a net 23.7% increase with respect to the previous month.

We continued to clean our subscribers list by removing the inactive users. Therefore, the actual number of new subscribers was 106, with 29 mostly removed by us for inactivity, leading to 77 new net subscribers.

We are very proud of these results, which underline the perceived need of a lean and clear financial education. 

Portfolio Updates

Financial markets across the globe experienced a significant rally in May 2025, largely driven by a de-escalation in the trade dispute between the United States and China. This renewed optimism fueled strong gains in major stock indices, with the technology sector seeing particularly robust performance. The positive sentiment was further bolstered by a string of strong corporate earnings reports, which helped to offset mixed economic data showing a resilient services sector alongside a weaker manufacturing outlook.

Central banks' actions also played a key role in shaping market dynamics. The Bank of England and the European Central Bank both implemented interest rate cuts to stimulate their respective economies. In the United States, the Federal Reserve opted to hold interest rates steady, though indications of potential future cuts provided additional support to investor confidence. Despite the overall positive market performance, a sense of caution lingered due to persistent geopolitical uncertainties and the mixed nature of incoming economic indicators, suggesting that market volatility could remain a feature in the near term.

Subscribe to our premium content to read the rest.