News Formal

Chief market strategist predicts equity markets to deliver ‘mid single digit’ returns in 2025

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 50%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

One chief market strategist says he expects equity markets to deliver mid single digit returns in 2025, noting that gains over the past two years have been driven by valuation, but next year they could be driven by earnings.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CAE chief executive Marc Parent to leave company in August 2025Parent, who has spent 15 years as president and CEO of the Montreal-based company, will remain in the position until next summer’s annual meeting
Source: globeandmail - 🏆 5. / 92 Read more »

CAE chief executive Marc Parent to leave company in August 2025MONTREAL — Flight simulator maker CAE Inc. says its chief executive Marc Parent is set to leave the company in August 2025 and a search for his replacement has begun.
Source: SooToday - 🏆 8. / 85 Read more »

CAE chief executive Marc Parent to leave company in August 2025Flight simulator maker CAE Inc. says its chief executive Marc Parent is set to leave the company in August 2025 and a search for his replacement has begun.
Source: BNNBloomberg - 🏆 83. / 50 Read more »