What’s priced in for 2025?
Every investor knows the price they pay for an investment implies a certain path the future will take; when you buy a stock, the price you pay implies how the future will unfold. To earn outsized returns in the stock market, the company’s future has to play out better than what is already discounted in the price you pay for it.
As we step into 2025, where can investors find opportunities in equity markets? Bridgewater co-CIO Karen Karniol-Tambour shares her thoughts on what’s priced into global stocks—including the impact of AI and tariffs—in our latest newsletter.