AlphaSense：2025年全球市场核心趋势研究报告（英文版）

Financial markets in 2025 will hinge on the policies of President Donald Trump and the Federal Reserve. The global economy is expected to grow steadily, though outlooks vary by country. The major U.S. trading partners learned from Trump’s first administration and have been preparing their options amid the specter of broader and higher tariffs. Wall Street analysts expect Trump’s second administration to seek a measured trade protectionism pledge and will prefer to avoid a major shock to disru