
Staying disciplined when markets test your resolve
From Beyond Markets by Julius Baer
December 11, 2025 · 17 min · Episode 400
About this episode
Helen Freer interviews Yves Klenk about the challenges and strategies for investors in 2025 and what to expect in 2026.
The Beyond Markets podcast channel is wrapping up on a high note at the end of 2025. But do not worry! The conversation continues on our podcast Moving Markets by Julius Baer , where we'll be sharing fresh insights and analysis on current market developments. Subscribe to Moving Markets on Spotify Subscribe to Moving Markets on Apple Podcasts As 2025 draws to a close, investors are reflecting on a year that tested their emotional discipline – from Liberation Day tariffs to geopolitical events that sent markets into turmoil. What separated those who thrived from those who struggled? In this episode of the Beyond Markets Podcast, Helen Freer sits down with Yves Klenk, Head of Client Coverage and Advisory at Julius Baer, to discuss what worked well and what worked less well this year, why resisting the urge to react emotionally was crucial, and what lies ahead for 2026. They explore the ongoing AI story and how to diversify exposure along the value chain, the case for reducing USD concentration, and why currencies like the Australian dollar and structured products deserve a closer look as investors position for the year ahead. (00:11) - Introduction (01:22) - The role of Client…
People in this episode
Host: Helen Freer
Guest: Yves Klenk
Topics covered
- emotional discipline
- market analysis
- AI in investing
- currency diversification
- 2025 market review
Keywords
- market turmoil
- emotional discipline
- AI story
- USD exposure
- Australian dollar
Mentioned in this episode
Organizations: Julius Baer
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