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.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Källa: globeandmail - 🏆 5. / 92 Läs mer »
Källa: SooToday - 🏆 8. / 85 Läs mer »
Källa: BNNBloomberg - 🏆 83. / 50 Läs mer »