Special Encore: What’s Ahead for Markets in 2025?

In this podcast episode, experts share their insights on the global economy and market outlook for 2025. While moderate growth is expected worldwide, notable differences are anticipated across regions. US equities are projected to deliver solid returns, largely supported by earnings growth, yet there may be a decline in valuation multiples. The credit market appears mixed, with promising performance likely in the year's first half, but increased uncertainty as policy changes loom. Throughout all asset classes, geopolitical risks and policy uncertainties are crucial factors shaping these predictions.