Where to invest in 2025: Will Trump start a trade war and what next for the Magnificent Seven? By TANYA JEFFERIES Updated: 07:00, 30 December 2024 e-mail View comments Donald Trump's agenda of aggressive trade tariffs and tax cuts is set to dominate markets next year. The returning US president is expected to be an even more disruptive force in his second term, with repercussions for geopolitics in the Middle East and Ukraine. His policy plans have prompted a stock rally, but also sparked inflation fears and are already influencing the easing cycle of US interest rates.
Financial pundits give their takes on all the above, plus whether the Magnificent Seven tech stocks can maintain their hegemony, opportunities in US smaller companies, prospects for other major economies, and growing concerns about government debt levels. We look at how events might unfold in the world's markets and round up some fund ideas for the year ahead. Donald Trump returns in January: Incoming US president is expected to be an even more disruptive force in his second term 1.
Global outlook: Growth of 3.2% is forecast The global economy is not in bad shape, according to Evelyn Partners' head of asset allocation Kate Morrisey. 'Unemployment in developed economies is close to record lows and output growth is still solid.
'The Federal Reserve, European Central Bank and Bank of England are lowering interest rates in response to decelerating inflation and to safeguard against risks from relatively high real .