What do you Forecast for 2025? 

The stock market enjoyed favorable momentum and easier financial conditions for the majority of 2024. Stock market performance was led by large-cap growth companies predominantly in the technology and communications services sectors, and most major asset categories posted positive returns.

The US remained in a firm expansion, driven by solid consumer spending. Earnings trends improved, and profit margins ticked up. Although the labor market softened, recession risk appeared low.

Globally, a monetary easing trend picked up steam in the second half of 2024. Most major economies remained in expansion amid improved global financial conditions and stable employment dynamics, despite some weakness in manufacturing.

So what lies ahead for 2025?

See: Fidelity Economic Outlook for 2025