US President-elect Donald Trump's decisive victory defied predictions, the S&P 500 achieved nearly 60 record highs and central banks finally began cutting rates, though a hawkish turn by the Federal Reserve suggests 2025 could see only two rate cuts instead of the four expected previously.
Elsewhere, Bitcoin stormed past US$100,000, while wars in Ukraine and the Middle East persisted.
As 2025 begins, it is a timely moment to peer further ahead and reflect on big structural forces that could go right in the longer term.
In the Trump 2.0 era, what asymmetric investment opportunities might these forces unlock? With an eye towards optimism, here is our investment wish list, not just for 2025, but also the decade's second half.
AI LEADS THE 'ROARING TWENTIES' WAY
For the US, the "Roaring Twenties" narrative could gain momentum, fueled by tax cuts, deregulation and productivity gains from broader artificial intelligence (AI) adoption.
The Roaring Twenties refer to the 1920s, a decade marked by significant cultural, social and economic change, particularly in the US and Europe. It was a time of prosperity, innovation and cultural dynamism that followed the end of World War I.
Our best-case scenario sees the tech rally broadening, supported by potentially favorable policies under the new administration.
Additionally, the US is relatively insulated from tariff risks. If gross domestic product growth holds closer to 3 per cent than our projected 2 per cent, more companies and sectors could experience earnings upside in the coming years.
Meanwhile, agentic AI's rapid advancement should bolster global growth. Agentic AI refers to AI systems that exhibit autonomous behavior and decision-making capabilities, functioning as "agents" in achieving specific goals or tasks.
Across the global AI value chain, revenues could exceed US$1.1 trillion (S$1.5 trillion) by 2027.
この記事は The Straits Times の January 06, 2025 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は The Straits Times の January 06, 2025 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Passengers say Turkish Airlines flights have bedbugs
Shortly after boarding her Turkish Airlines flight from Johannesburg to Istanbul in March, Ms Patience Titcombe from Phoenix noticed a small bug crawling on her seat when she got up to use the restroom.
Actor Ben Yeo shutters restaurant after incurring $1 million loss in two years
Local actor and F&B entrepreneur Ben Yeo is shutting down the high-end modern Chinese restaurant he founded, Tan Xiang Yuan, after two years.
Director Jeff Baena elevated dark themes with humour in his works
American director and screenwriter Jeff Baena, who co-wrote the dark comedy I Heart Huckabees (2004) and directed films including Life After Beth (2014) and Horse Girl (2020), died on Jan. 3 at a residence in Los Angeles. He was 47.
Squid Game star denies ties with South Korea ruling party's former leader
Squid Game star Lee Jung-jae has distanced himself from the party of South Korea's President Yoon Suk Yeol after a photo of him with the party's ex-leader resurfaced online, according to Korean media.
Japanese cast dominates as Shogun breaks new ground
Comeback stories and Asian representation at the awards show celebrating the best in film and TV
A toast to Switzerland
The country is adopting a sip-and-stay approach to spread the word on its best-kept secret – wines
Saving the mysterious African manatee in Cameroon
Ever since his first hard-won sightings of African manatees, award-winning marine biologist Aristide Takoukam Kamla has been devoted to protecting the little-known and at-risk aquatic mammals.
'CRAZY' CHUA TURNS PRO
S'pore triathlete aims to win SEA Games, qualify for Asian Games and Olympics
The fall in sport is cruel, inevitable and hard to digest
In sport, this is the guarantee. Falls will be hard. The boxer sent to the canvas. The rugby winger brought to earth. The gymnast slipping off the high bar. And the hero tumbling from his pedestal.
AMORIM WANTS SAME 'MENTALITY EVERY DAY'
United need to replicate the fortitude shown in draw at Liverpool to become a better side
