Market opportunities and risks for 2025

As 2024 comes to an end, our experts reflect on how the economic landscape has changed over the past year and what it has meant for financial markets.

We also look ahead to 2025 and what investors should pay attention to next year. 

Below is a brief summary of the key takeaways:

• 2024 was billed as “the year of the election”, which caused uncertainty at the beginning of the year.
• Equity markets have posted strong returns over the year; albeit bond returns have been more muted as many of the expected interest rate cuts failed to materialise.
• Looking forward, key themes include Trump’s election victory giving a new perspective for global markets, with uncertainty as to how other countries will react. 

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