Whereas traders have gained readability on many political management questions that loomed a yr in the past, new uncertainties have emerged.
In line with Karen Ward, EMEA chief market strategist at JP Morgan Asset Administration, the main focus has shifted to the insurance policies that may form and steer markets within the years forward.
Talking on the agency’s 2025 Outlook roundtable, Ward stated that whereas traders now know who’s residing within the numerous political workplaces within the US, the UK and different international locations, the image about what the fiscal agenda can be is greyer than it was a yr in the past.
JP Morgan AM’s Karen …