Institution: Still Expects US Market to Grow

BlockBeats News, March 10th, Chief Investment Officer of Pictet Group, Cesar Ruiz, believes that 2025 will bring both pitfalls and opportunities. Many economists are concerned that the tariff policies promoted by the Trump administration will cause inflation, but Ruiz is confident in market growth.

He believes that in the first half of the year, the uniqueness of the United States will remain strong, and the growth of the U.S. stock market will be sufficient to allow investors to achieve solid returns. Ruiz likened the new Treasury Secretary, Yellen, to Ben Bernanke, the former Chairman of the Federal Reserve during the global financial crisis. Bernanke "was the best person for the job at the right time. Yellen is also."

Ruiz expects that there will be large-scale consolidation among U.S. mid-sized financial companies, making it a good time to buy stocks of potential acquisition targets. With Trump cutting regulations, mergers and acquisitions will surge along with IPOs, providing good opportunities for investment banks or takeover targets. (Golden Ten)