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          State Street Global Advisors

          From Sectors and Smart Beta to Fixed Income, SPDR Exchange Traded Funds (ETFs) give you wide access to diverse investment opportunities. Find out more.

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          2025 Midyear Global Market Outlook

          We have updated our 2025 outlook. Explore our latest forecasts, strategic views, and expert insights on what’s ahead over the remainer of the year.

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          Global Market Outlook 2025 Finding the Right Path

          Lori Heinel, Global Chief Investment Officer, shares our views on the key trends and developments that will shape the global market landscape in 2025.

          Outlooks and Themes

          1 Macroeconomic Outlook

          Evolving Narrative of Resilience

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          2 Geopolitical Outlook

          Slow-Moving Fragmentation Continues

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          3 Equity Outlook

          US Equities Lead; Opportunities Elsewhere

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          4 Fixed Income Outlook

          Favorable Environment for Sovereigns

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          5 Portfolio Outlook

          Look Beyond 60/40 Portfolio

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          6 Thematic Investing

          Gulf Cooperation Council in Focus

          Explore

          7 Thematic Investing

          Exploring Transformative Technologies

          Explore

          Download Global Market Outlook 2025

          Our Global Market Outlook 2025 report offers a comprehensive guide to navigating the most pressing investment topics for 2025.

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          Our Expert Panel

          Bio Image of Lori M. Heinel

          Lori M. Heinel, CFA

          Executive Vice President, Global Chief Investment Officer

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          Bio Image of Altaf Kassam

          Altaf Kassam, CFA

          Europe Head of Investment Strategy & Research

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          Bio Image of Dane Smith

          Dane Smith

          Head of North American Investment Strategy & Research

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          Bio Image of Desmond Lawrence

          Desmond Lawrence

          Senior Investment Strategist

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          Bio Image of Elliot Hentov

          Elliot Hentov, Ph.D.

          Head of Macro Policy Research

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          Bio Image of Jennifer Bender

          Jennifer Bender, Ph.D.

          Global Chief Investment Strategist

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          Bio Image of Kamal Gupta

          Kamal Gupta, CFA, FRM

          Investment Strategist

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          Bio Image of Karine Kheirallah

          Karine Kheirallah

          Managing Director, Head of Investment Strategy & Research - MEA

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          Bio Image of Matthew J Bartolini

          Matthew J Bartolini, CFA, CAIA

          Head of SPDR Americas Research

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          Bio Image of Simona M Mocuta

          Simona M Mocuta

          Chief Economist

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          Related to Our Global Market Outlook

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