January 2025
The year ahead promises a different environment for financial investors, but it is clear earnings in many areas will improve and the global mood is positive.
Inflation pressures and fiscal debates may disrupt markets in 2025. Long-term rates could stay high despite Fed easing, while emerging-market equities may outshine U.S. stocks. Below-average returns are likely as optimism is already priced in.
The BoJ presses on with rises in interest rates; the door is open for more.
Artificial intelligence is expected to have a minimal impact on companies’ profitability in 2025, with most of its potential still some years away. For now, though, the big names in technology are still going strong as they prepare the ground for this brave new world.
A decisive US election, political ructions in Europe, and the first signs of Chinese fiscal action spell more volatility for stock markets in 2025. And new roads to returns.
Investors would do well to counterbalance their public holdings by increasing exposure to private investments.
A material shift in politics makes reflation of the US economy our base case for 2025
Bruno Crocco is Portfolio Manager and Jon Knowles is Institutional Portfolio Manager on Fidelity’s ClearPath suite of Target Date funds. We welcome them as contributors to our Thought Leadership in Canada.
December 2024
The appeal of the logistics market has been well publicised as the post-pandemic shift in supply chains has boosted the rental growth on offer in the sector. While this growth has eased as the supply-demand dynamic has rebalanced, there’s still a compelling story of long-term returns in the market.
November 2024
Fidelity International created one of France's greenest buildings
