2024 was great. As was 2023. Could we make it three in a row? Inflation fears have faded, recession risk is low, and central banks are easing – that is a lot of good news already baked in. And certainly helps explain the past year of strong markets and the rise in valuation. It is changes or surprises that will move markets in 2025. There could be a few more good news surprises out there but you have to admit we have already enjoyed a good share of them.
 

Click here for a copy of the report.