Philip Petursson, chief investment strategist of IG Wealth Management, shares his projections for market trends in 2025
“If you look at 2024 and 2023 a lot of the gains were driven not by earnings growth, but by valuation expansion like PE multiples increasing by 20-30 per cent in some markets. That’s what drove the TSX, that’s what drove the S&P 500. Eventually the baton is going to get handed off to earnings,” he said.
IG Wealth Management’s 2025 market outlook noted that investors may wish to take a more selective approach next year, noting that amid a broadly supportive economic backdrop, it will be important to identify sectors and regions where valuation aligns with growth prospects.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: globeandmail - 🏆 5. / 92 Lire la suite »
La source: SooToday - 🏆 8. / 85 Lire la suite »
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »