Reported about 22 hours ago
Strategist Meera Pandit from JPMorgan Asset Management discusses the factors driving the market growth heading into 2025, particularly pointing out a shift from the dominance of the 'Magnificent Seven' stocks in the S&P 500. She highlights a broadening earnings story where these stocks will still show significant growth but will see a deceleration, allowing other sectors to catch up. Additionally, anticipated policy changes under President Trump, such as deregulation, are expected to benefit cyclical sectors, contributing to a more diversified market recovery.
Source: YAHOO