This year is turning out to be full of change and yet you wouldn't know it by comparing investment markets since the start of 2025. Within the gains, of course, there has been volatility. The drop after President Trump’s tariff announcement at the start of April led to “Buy the dip” going viral on social media, which is examined in this issue of Liontrust Views. Articles also look at the impact of inflation on investments and why it is important to take this into account; and where the Liontrust Multi-Asset team is positive in terms of equity and bond markets, with a special focus on global high yield bonds.