Indrani De focuses on global markets, calling 2025 a “reset,” and 2026 following the new paradigm “on steroids.” She looks at South Korea’s “eye-popping returns” driven by earnings growth, and the state of Japan’s economy. The weaker dollar has also offered a tailwind for international equities. Indrani argues that there is no “decisive leadership” in global equities and covers the shifting themes and trends to watch. She looks at emerging markets and their strength in commodities.