Highlights

  • Negative years like 2018 and 2022 are often followed by strong recoveries, as seen in 2023 and 2024.
     
  • Over 70% of asset classes analysed were positive in 2024, with US equity, China equity, and gold leading.
     
  • We expect 2025 to continue to offer opportunities, but the results will likely be less strong.

In this edition

% of asset classes with positive returns in that respective year

Key dates

7 Jan

US Job Openings and Labour Turnover Survey (JOLTS)

7 Jan

Euro Area inflation and unemployment rates

8 Jan

Japan Consumer Confidence, US FOMC minutes

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