COMMENTARY
Why Europe will power a big and beautiful 2025 for stocks
European sentiment is much uglier than reality warrants
WHAT will 2025 bring for stocks?
Haze clouded my view in January. Three 2025 outcomes seemed similarly likely: US and world stocks could repeat big, 20-plus per cent booms. Or dip a little. Or grind out low single-digit gains.
But the haze lifted. Now, I foresee a brighter-than-feared 2025 – surprisingly, led by Europe. Here is why.