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Morningstar Markets Observer: Q1 2025

Global stocks saw mixed performance at the end of last year. Does this foreshadow what’s to come in 2025?

Global markets are sitting in a unique position for the start of 2025 considering the aftermath of the US presidential election, tariff prospects, and falling interest rates. We focus on what investors should pay attention to in our Q1 market update.


Our research gives the in-depth market analysis on:

  • Equity markets 

  • Bonds markets 

  • Funds 

  • Economic indicators 


Download the report to learn how to leverage our market commentary for your clients’ portfolios.

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What's Inside

  • Stock market analysis of developed and emerging equities
  • How the relationship between bond markets and interest rates affects bond returns 

  • Which factors are affecting global markets and their potential economic implications

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