Fully-tested strategies for guiding traders and their portfolios through challenging markets and toward tomorrow’s goals.
We keep constant track of the macroeconomic factors that move markets, while bringing a market-level analysis to create actionable information. Here are a few of our current insights.
Market Trends
Is the bull market slowing or gathering steam? There’s no such thing as a crystal ball, and as Keynes famously noted, markets can remain irrational longer than you can remain solvent.
As of February 2025, the U.S. stock market has experienced a deceleration following two years of significant growth. The S&P 500 has entered a period of consolidation, even after reaching fresh highs recently. Investor concerns, including tariffs, federal employee layoffs, and high valuations, have contributed to a sense of unease. Measures of investor confidence tracked by Vanguard indicate the largest decline since 2022. At a certain level, psychology is every bit as important as the underlying financials.
Whether we’re in for higher highs, muddling along, or a drop, is anyone’s guess. But there are a number of factors to keep an eye on as you place your bets.
- Federal Reserve policies. The pace of monetary policy easing is slowing, and inflation has become sticky. Long-term interest rates have swung upward, and the U.S. economy is slowing. These factors contribute to a cautious outlook for investors.
- Tariffs and trade tensions. President Trump has announced new tariffs of 25% or more on automobiles, semiconductors, and medicines. These measures have introduced volatility into the markets, affecting investor sentiment and sector performance.
- Global economic conditions. European and Chinese equities have been outperforming U.S. markets. Increased defense spending in Europe and a focus on artificial intelligence have created significant investment opportunities. However, ongoing Sino-U.S. tensions and regulatory scrutiny may impact investor confidence.
- U.S. economic conditions. The stock market has experienced two years of positive returns, and current trends suggest potential for further growth.
However, it may be wise to reassess your investment strategy, as there is potential for volatility throughout the year.
Which high-profile IPOs have blockbuster potential?
The year 2025 is anticipated to be strong for initial public offerings, with multiple high-profile startups on deck. Here’s a quick glimpse at expected IPOs to keep on your radar before they hit the major exchanges.
- Jio Platforms, India’s leading digital services company, is expected to go public this year. With its vast user base and diversified services, Jio’s IPO could be one of the largest in recent times.
- Zepto, a rapidly growing quick-commerce startup, has gained significant traction in the Indian market. Its anticipated IPO is generating buzz among investors looking to capitalize on the evolving e-commerce landscape.
- JSW Cement, part of the JSW Group, is planning its IPO to fund expansion plans. As infrastructure development continues to be a priority, JSW Cement’s market entry is highly anticipated.
- Ather Energy, an electric vehicle manufacturer, is expected to tap into the growing demand for sustainable transportation solutions with its upcoming IPO. The company’s focus on innovation makes it a compelling prospect for investors.
- ServiceTitan, a software company providing solutions for home and commercial service businesses, has shown strong growth. Its IPO is anticipated to attract investors interested in the tech sector.
Beyond the prospects of IPOs themselves, there’s another X factor: The tech giants, flush with cash, could be on the prowl to acquire young, newly issued public companies.