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Investment Outlook

Each quarter Fidelity’s investment team analyses global markets and the key asset classes to provide a unique Investment Outlook for the next 12 months. All the major stock market regions are covered as well as bonds and commodities.

The team give a positive, neutral or negative view on each asset class. The views in the report are derived from a variety of sources within and outside Fidelity International and are based on the house view of the Fidelity investment team and other sources.

Download the latest Investment Outlook report and watch the latest webcast and videos for the main asset classes and regions below.

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What will 2025 hold for investors?

As we enter 2025, following two robust years in global stock markets, the US market has particularly surged, marking a second consecutive year of over 20% growth in share prices. With a new President advocating a growth-oriented agenda, there is a prevailing sense of optimism. However, stock valuations are currently at historically high levels. Given this context, what can investors expect in the year ahead? Investment Director Tom Stevenson provides his insights.

Download latest outlook