The year 2025 is expected to bring macroeconomic turbulence in the U.S., influenced by Trump’s fiscal policies, including tax cuts and tariffs, amidst rising bond yields and a strong dollar. Inflation is projected at 2.5%, prompting the Federal Reserve to cut rates by 100 basis points. China’s economic stability is challenged by high leverage and export reliance, while India stands out with a projected 6.5% growth, supported by consumption and capital expenditure. Fixed income and equities are anticipated to deliver returns of 8-12%. A diverse portfolio approach is advised to manage risks and capitalize on opportunities in a volatile global environment.