What do investors need to look out for in 2025?

Contributing sentiments towards policy:

57% : Towards the end of 2025, Ahmed predicts that additional tax cuts could expand the US deficit to 8 per cent of GDP -- a level of borrowing that bond markets would find unacceptable in other economies.
55% : Joining Martin on the panel were Alix Stewart, a fund manager on Schroders global unconstrained fixed income team; Salman Ahmed, global head of macro and strategic asset allocation at Fidelity International; and FT Money columnists Simon Edelsten, also the chair of the investment committee at Goshawk Asset Management, and Stuart Kirk.Donald Trump's resounding victory in November has shifted the economic outlook for 2025, with many analysts predicting a relatively benign environment for investors.
50% : "Ahmed sees an opportunity in a reset in the relationship between the EU and the UK.
48% : "Obviously, they are not going to go back into the EU, but politics is the art of the possible, right?
48% : Meanwhile, the Dax is at a record high, says Martin. Rheinmetall, a relatively small European defence company, is up 107 per cent in the year to date -- "And why would you not be long European defence right now?"
46% : "And essentially it's 'American exceptionalism'," -- broadly, that despite Trump's policies on international trade, tax and migration being inflationary, arguably even fiscally reckless, and despite US stocks being very highly priced, analysts still think the market is the only show in town when it comes to investment.
36% : What could a shadow Fed do other than undermine the actual Fed?"While Trump is limited in what he can do with regards to changing the chair of the Federal Reserve, or the make-up of the Federal Open Market Committee, which sets US interest rates, there is what Martin calls a "low-level undermining" that could become a problem, especially regarding dollar policy.
29% : Trump wants a deal . . .
28% : "One difference that several around the table picked up on between US and Europe is that where Trump wants to cut taxes, Europe is heading towards fiscal austerity.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.