Vineyard Global Advisors | Market Commentary

2025 Halftime Report

Written by VGA Investment Team | July 29, 2025

Enjoy the Vineyard Global Advisors    2025 Halftime Report

Tom Samuelson, Chief Investment Officer at Vineyard Global Advisors, along with portfolio manager Kendall Dilley, discuss how the first half of the year has gone and what we are looking for during the second half of the year.


Watch the New Abridged Format Here:

 

Highlights

  • Tariff announcements have brought volatility, however the market has looked through the noise and performed well.
  • The economy remains in good shape with strong GDP and stable employment figures.
  • High level valuations may looked stretched, but the average stock remains around the long term average.
  • The AI build-out continues, tech companies continue to post solid gains.

Read our Detailed Report Below:

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Presenters:

Tom Samuelson, CFA, CMT, Chief Investment Officer, Vineyard Global Advisors

Kendall Dilley, CFA, CMT Portfolio Manager, Vineyard Global Advisors

Researcher:

Sam Caylor, CMT, Investment Analyst & Senior Trader, Vineyard Global Advisors