Ascension or deterioration .. Where is the stock market heading in 2025?

‘Wall Street’ seeks to expand the scope of the shares led by huge technology companies. This indicates the strengthening of medium and small capital in the United States, which remains the favorite market for most businesses, even if you do not earn the same returns as they have earned recently. At the same time, international businesses that look cheap can offer attractive opportunities. Below are the most important expectations of US banks and financial institutions on the direction the stock markets can take in 2025, as monitored by Bloomberg: Bank of America: Bank of America expects the Standard & Poor’s 500 2025 at 6666 points, with profits ranging between 5 and 10% for global shares, in addition to transformation from US markets to international markets. “BN Way”: After a year seen a flexible growth in profits, we see the continuation of this tendency with the growth of the “Standard & Poor’s 500” growth in a rate ranging between 10 and 15% during 2025. This targeted tendency of the standard and the poor’s 500 index pushes at the end of the year to 6600 points, but less strong to 2024. Shares have been successful in the last decade, and are still confident in 2025, with 7,000 levels of the Standard & Poor’s 500 index, while also achieving profits in Europe, where they believe the risks have already taken into account. JP Morgan Chase & Co: The bank expects the Standard & Poor’s 500 index to reach 6500 points during 2025, with $ 270 (+10% annually). Interest rates are expected to further reduce the expansion of profit recovery within the “Standard & Poor’s 500” index and the market size. The bank expects the central issue of shares to be the increasing difference between stocks, patterns, sectors and different fields in the next year, powered by not -to to -to -to -to -to -to -to -to -to -to -to -to -the -term -commercial sessions, the policy of the New US Administration, of the extensive profit and the increasing demand of speculators to investment centers supported by strong momentum factors. “Societe Generale”: We increase the investment in US stocks with a slight rate of 3 degrees Celsius to become 30% (with the total weight gain to the same amount to 45% of the entire portfolio), in a moderate step given the already high assessments, with a 3.2% risk allowance (we recommend that US stocks are at a level of less than 3%). To protect the allocation of equity investments from the risk of the trade war, we are reviving on the continent of Europe by reducing 3 percentage points with the exception of the UK on a 3 percentage increase against their reduction in China by two degrees Celsius (while reducing their position from a recommendation to a neutral investment in Japan. Trade and investment transformations (relocation of activities in the United States, Asian trade) and energy (nuclear energy due to its importance during the shift period after carbon removal, while retaining competitiveness), and defense, with a special focus on European spending in the defensive field. is large, especially in the United States of America, as companies’ taxes can remain low (or even more) in reducing potential regulatory restrictions. Barclays Private Bank: With the expectation that global growth slows down to less than medium rates in the next few years and the revenue falling, defensive sectors and known as “Bond alternatives” can improve the diversification of the wallet. At the level of the sectors, the basic consumer facilities and goods appear at a good position at the global level as they have a counter -connection with the business cycle and interest rates. These sectors also remain reasonable, especially in Europe. The Black Rock Institute: Support strong economic growth, expansion of profits and the tendency towards quality. Our conviction of increasing investment of US stocks compared to other regions. We expect the assessments of large technology companies to be supported by strong profits, with lower judgments from other sectors. BNB Pariba Ashet Management: We still prefer regional shares in the United States. The enthusiasm for artificial intelligence was the most important motivation for the peak of profits during 2024, as most of the profits of the kind of stocks were that the ‘Nasdaq 100’ index dominated that dominated technology companies, while the rest of the market was barely positive. During 2025, the distribution of profits is expected to be more balanced, even if “Nasdak” holds its superiority in terms of profits. City Group: We maintain the recommendation of purchase in the technological sector due to the positive periodic economic conditions, and we also maintain the recommendation of purchase in the financial sector due to the possibilities to alleviate organizational restrictions. If customs are wider or more early than expected, the recommendation of the purchase in the telecommunications sector and the reduction in investment in the raw materials and industries must lead to excellent performance. The 2018 experience indicates that stocks do not perform well during wars of customs duties, even if it is not wide. In our opinion, the market will have to take some risk tan for the broader customs duties. While US stocks are supposed to perform, this is a hindrance to all markets. We maintain a recommendation for shares with the benefit of the United States of America, but we are ready to reduce the holdings at the beginning of next year. Videliti: Multiple assets teams recommend that they are previously prominent shares in the market for neglected areas during the enthusiasm of artificial intelligence and technology. They emphasize US US stocks, and for investors with interest in specific fields, they propose the future financial sector, and for income investors nominating high -term high -term returns, and direct investors of losses against stable returns without considering the market movement. Goldman Sachs: Due to quiet evaluations and positive periodic economic conditions, equity in emerging markets is likely to be better than fixed income assets, with a larger area of ​​growth support policy in China (and less in India). Nevertheless, the shares in emerging markets may find it difficult to deliver relatively higher returns compared to US stocks, especially taking into account the changes according to the fluctuations. Although fixed revenue in foreign currencies in emerging markets is expected to be more defensive in facing risks, compared to local assets under the strong US dollar environment, local assets may have a larger area of ​​excellence than avoiding extremist scenarios market. HSBC Asset management: With the enormous increase in US market reviews, the expansion of profit growth can lead to a rotation state within US equities that go to neglected or defensive sectors that can benefit from economic policy procedures, such as the financial and industrial sector. Especially the financial sector can benefit from the relief of organizational restrictions and increasing merger and acquisition agreements, while some industries can benefit from customs duties, despite the high cost of production inputs. The assets currently priced as the highest levels may be the most vulnerable, paving the way for a major shift in market leadership. The sectors that have been neglected in the past, such as shares that have the opportunity to increase in value, small businesses and emerging market assets, will gain momentum. This “great rotation” emphasizes the need to focus on local foundations and rapid adjustment to changes. US stocks can continue to achieve profits, although limited due to fear related to evaluation and the effect of interest rates. With the stability of growth and control of inflation in the United States, we expect the high quality shares to perform. Jeffrez: European stocks look attractive from the perspective of high assessments. But we believe it is very early to enter the European growth story. Nevertheless, when to some, perhaps early in the second quarter, when the liabilities caused by the fees for US president -Skine Donald Trump, are less than he was afraid, and with the possibility of further financial motivation from Europe and China and improved in geopolitical conditions, we may tend to recommend buying European shares. JP Morgan as dining management: We expect the growth of exceptional high -level profits to go for the shares of large capital technology businesses, while accelerating in other areas of the US market. This expansion, together with strong economic basic factors, favorable policies and long -term growth -supporting trends, should support a more comprehensive increase during the next year. Morgan Stanley: Emerging market share is still elected, and any possible increase in commercial tensions will make it less attractive. Investors should take into account the shares and fixed income products with price differences during 2025, and US and Japanese stocks are likely to be the most attractive. UPS: It is expected that in 2025 a further increase in stock markets. The United States remains a favorite market, while diversification of investment in Asia, with the exception of Japan, can be an effective way to take advantage of potential opportunities in the region with risk management. In Europe, the shares of small and medium -sized companies in the eurozone and Swiss stocks with high quality profits look attractive. The Standard & Poor’s 500 index can reach the level of 6600 by the end of 2025, supported by strong growth in the United States, low interest rates and progress with artificial intelligence. Barclays Privat Bank: In this context, maintaining a well -giving portfolio by sectors, regions and methods is essential for stock investors. With the expectation that the returns will be humble in the future, the main focus is on achieving the return and the protection of the capital. Options and structural products strategies can be useful tools in this regard.