

Global Markets 2025: Navigating Narrow Leadership, Policy Fractures & AI-Heartbeat Risk
As we progress through 2025, global equity markets are showing signs of resilience but also fragility. Growth is modest; company leadership is narrow; policy risk is elevated; and the role of artificial intelligence (AI) is morphing from tailwind into a mixed-factor. According to the International Monetary Fund (IMF), global GDP growth is projected at 3.2% in 2025 Â (down from the mid-3s a few years earlier). Meanwhile, research from J.P. Morgan Chase & Co. suggests that glob














































