Economists warn of three major risks: technology bubble, tariff policy, and geopolitics

Golden Finance reported that, according to Every Economic News, 2024 is about to pass. Looking back on the past year, against the backdrop of the continued AI craze, the Fed’s shift to loose monetary policy, and the impending arrival of ‘Trump 2.0’, the three major US stock indexes have all continued to refresh historical records in 2024. The S&P 500 has closed at a historical high nearly 60 times during the year, the Nasdaq has surpassed 20,000 points for the first time in history, and the Dow has surpassed 45,000 points for the first time. However, the market is not without warnings. Bank of America believes that the biggest risk in 2025 will be the technology bubble. Dr. David Seif, Chief Economist of Developed Markets at Nomura, reminded in an interview with reporters that tariffs and geopolitical shocks are the two biggest potential risks, with tariffs most likely to interrupt the American Bull Market.

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