Market Factors features the best, most interesting lookahead to 2025 in this edition. Meanwhile, Scotiabank strategists provide optimism for income investors while U.S. “Freedom Cities” provide the diversion.A SpaceX Falcon Heavy rocket with the Europa Clipper spacecraft aboard launches from Launch Complex 39A at NASA's Kennedy Space Center in Cape Canaveral on October 14, 2024.
A record 4.1 million Americans turned 65 in 2024, and this demographic cohort will be 40 per cent larger by 2050. The section on the space economy focused on military applications and had little to offer Star Trek fans. The report cites General B. Chance Saltzman, head of U.S. Space Force, as stating, “One of the reasons you have a Space Force in the U.S. now is in recognition the last 20 years, have developed and demonstrated the ability to conduct warfighting in space… The pace with which counter-space capabilities into play is mind-boggling.
TD analysts expect newer obesity treatments and an expanding market for them. Says the report: “TD Cowen expects that the ripple effects from obesity medicines could start to become clearer in 2025 as new conditions are added to the labels, supply ramps, reimbursement and coverage are broadened, and more data and new agents emerge.”
Yield-oriented stocks performing well in a growthy economy is a bit surprising – higher bond yields tend to accompany growth and they provide competition for investor assets - but I suspect the share buybacks component of total yield plays a bigger role when growth is strong.
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