Today, Daofu Global Investment Management released the "Global Market Outlook 2025: Seeking the Right Path for Investment," stating that with the economy showing resilience and major central banks entering a period of monetary easing in 2024, the stock market has seen strong returns, while returns in the fixed income market have been relatively moderate. Looking ahead, Daofu Global Asset Management expects that the trend of rate cuts and strong macroeconomic resilience in 2025 will continue, and the long-term forecast for a "soft landing" of the U.S. economy will also be realized. Although the market is still full of uncertainties, investors may consider increasing their stock allocations, but should remain cautious when planning their portfolio. Daofu Global Investment Management believes that the rate cut cycle starting in 2024 will continue for a period of time, but the victory of the Republican Party led by Trump in the U.S. elections may affect the market environment in late 2025. The geopolitical forces grappling with each other globally may also disrupt long-established economic and financial relationships. Furthermore, Daofu Global Asset Management remains optimistic about the prospects for fixed income in 2025. Slowing economic growth and controlled inflation will prompt central banks to further reduce policy rates. Although uncertainty about the speed and scale of rate cuts may increase after the Trump administration takes office, such uncertainty may provide strategic opportunities for investors to establish or expand positions in a loose cycle. Jennifer Bender, Chief Global Investment Strategist at Daofu Global Investment Management, said, "Even though the spread between investment-grade bonds and high-yield bonds is near historical lows, we remain very optimistic about the prospects for fixed income assets next year and believe that the sovereign debt environment in developed economies is generally favorable. Market sentiment fluctuations and uncertainties may create opportunities for investors to manage or extend their exposure period strategically." In the global stock market, a strong economic background supports corporate profits, especially in the United States. The situation outside the United States is more complex, but there are still ample opportunities in various markets. In addition to being cautious in dealing with short-term uncertainties, investors should also pay attention to deeper structural transformations such as demographic changes, geopolitical economic conflicts, and the rise of transformative technologies. Bender added, "We expect the Japanese stock market to trade sideways due to potential instability. In addition, large-cap stocks in the United States will maintain their structural advantage relative to other developed markets, while the prospects for emerging markets are more complex as investors need to consider factors such as economic growth, profit growth, easing inflation pressures, and geopolitical risks, as well as a strong U.S. dollar."