Navigate market currents in dynamic conditions

2025 Market Outlook

Jacquelyn Tan

Foreword

As we enter 2025, we expect significant changes in global dynamics, especially with the return of United States (US) President-elect Donald Trump to the White House.

This transition in leadership is expected to result in shifts to both domestic and foreign policies. The administration's decisions and policy implementations will undoubtedly influence the economic and financial outlook.

This offers both opportunities and challenges.

An economic growth divergence may emerge this year. While policies that support growth are likely to benefit the US economy, potential trade disputes could be a challenge for countries dependent on exports.

Inflation has also continued to slow down over the past year, lowering costs for businesses, and easing living expenses for households. Although we expect this trend to continue, we will need to consider the potential inflationary effects of certain Trump policies. Global central banks will need to monitor inflation closely, and any interest rate cuts may be cautious.

Considering these unpredictable policy shifts, it is essential to build a strong and diversified investment portfolio. As different opportunities and challenges arise, it is important to stay nimble and proactively manage your portfolios while enhancing investment income. More importantly, prioritise your risk tolerance over potential returns.

Our market insights and strategies are designed to help you navigate the changing economic currents so you can stay on track towards your financial objectives. We look forward to working together to help you build a resilient portfolio and achieve your financial goals.


Jacquelyn Tan

Managing Director

Head, Group Personal Financial Services

Key Considerations and Strategy

Source: UOB PFS Wealth Management Advisory

Additional Resources

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Credits

Credits
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Managing Editor
  • Winston Lim, CFA
    Singapore and Regional Head,
    Deposits and Wealth Management,
    Personal Financial Services
Editorial Team
  • Abel Lim
    Head of Wealth Management Advisory and Strategy,
    Deposits and Wealth Management,
    Personal Financial Services
Editorial Team (cont’d)
  • Tan Jian Hui
    Wealth Management Advisory,
    Deposits and Wealth Management,
    Personal Financial Services
  • Low Xian Li
    Wealth Management Advisory,
    Deposits and Wealth Management,
    Personal Financial Services
  • Zack Tang
    Wealth Management Advisory,
    Deposits and Wealth Management,
    Personal Financial Services

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