Within the markets, the general consensus seems to be for reduced regulations, a pause in interest rate cuts, and rising inflation. However, there may exist the potential for a much broader range of outcomes in 2025.
Greg Lippmann, whose short of subordinated tranches of residential mortgage-backed securities at the beginning of the Global Financial Crisis was chronicled in The Big Short, noted that the markets soared in 2024, carrying on the momentum observed in 2023 after 2022’s risk-off environment. However, he also had a wide-ranging forecast for 2025.
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Market performances
In his fourth-quarter letter to investors, which was obtained by Hedge Fund Alpha, Lippmann added that the equity markets skyrocketed, although December brought...
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