Why 2025 looks bright and beautiful, especially for Europe

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Open this photo in gallery: Bull and bear statues stand in front of the German stock exchange in Frankfurt, Germany, in February, 2019.Kai Pfaffenbach/Reuters At 2024’s end, I confessed I couldn’t determine stocks’ likeliest 2025 path. Just as three 2025s looked equally likely: U.S. and world stocks could boom big again. Or dip slightly. Or eke out tiny gains. I expected clarity to come before long. It did. So I’m sharing why. Expect a brighter-than-feared 2025, led by … Europe! Let me show you why. Clarity came as I could measure that sentiment had soured too far, especially in Europe,...