Outlook 2025: The divergence dividend
20 November 2024
Reset your watches. Wipe down the whiteboard. Turn the page in your notebook. A landmark US election, new stimulus in China, and growing geopolitical tensions mean the second half of the 2020s will be markedly different from what we’ve seen so far. Growth, inflation, and interest rates across the world’s economies are set to head in very different directions over the next 12 months. Investors will need a different playbook.
Reset your watches. Wipe down the whiteboard. Turn the page in your notebook. A landmark US election, new stimulus in China, and growing geopolitical tensions mean the second half of the 2020s will be markedly different from what we’ve seen so far. Growth, inflation, and interest rates across the world’s economies are set to head in very different directions over the next 12 months. Investors will need a different playbook.