Vanguard economic and market outlook for 2025 is out.

[Tdubs]

The summary:

"The global monetary easing cycle will be in full swing in 2025, with inflation in most
developed economies now within touching distance of central banks’ targets. The
good fortune of high productivity growth and a surge in available labor has propelled
the U.S. economy, while other economies have been less lucky. The potential for
these positive supply-side factors to wane is a key risk to our U.S. outlook, though
expansionary fiscal policy may cushion any negative impact on growth.

We reemphasize the view we put forth a year ago, that an era of sound money—
with interest rates above the rate of inflation—lives on. That said, markets face a
growing point of tension: Assets with the strongest fundamentals have the most
stretched valuations, and vice versa. Short-term economic and policy risks will help
determine whether momentum or valuations dominate investment returns in 2025."

https://corporate.vanguard.com/content/ ... o_2025.pdf

[Hyperchicken]

The global monetary easing cycle will be in full swing in 2025, with inflation in most
developed economies now within touching distance of central banks’ targets.

Reminded me of this...

'Attention! Your attention, please! A newsflash has this moment arrived from the Malabar front. Our forces in South India have won a glorious victory. I am authorized to say that the action we are now reporting may well bring the war within measurable distance of its end. Here is the newsflash -'

Bad news coming, thought Winston. And sure enough, following on a gory description of the annihilation of a Eurasian army, with stupendous figures of killed and prisoners, came the announcement that, as from next week, the chocolate ration would be reduced from thirty grammes to twenty.

[Thesaints]

Assets with the strongest fundamentals have the most
stretched valuations, and vice versa

Who said "no good(bad) investment is still good(bad) at any price" ?

[stan1]

As always, this is entertainment material not unlike going to a fortune teller who happens to have a Ph.D. in economics, and is not actionable for individual investors like us.

Vanguard puts this type of research out for their fund managers who might market time and institutional investment managers who need this for their governance boards. They don't hide it but it is not intended to be actionable to retail investors.

[Raspberry-503]

Great way to say "we know nothing. This might happen but if it doesn't we told you it might not".
Nothing actionable, if you're well diversified, stay the course ...

[LadyGeek]

This thread is now in the Investing - Theory, News & General forum (general discussion).

(Thanks to the member who reported the post and explained what's wrong.)

[GoldStar]

The usual blah, blah, blah.

Stay the course!

[turtlebug]

Financial gobbledygook.

[tarheel79]

How have they predicted last five years?

[tarheel79]

How have they predicted last five years?

[asset_chaos]

This year markets could go up, or they could go down. What a relief to finally know!