Investing in a Risky Economy: Your Personal Finance Guide for 2025

This year has already been … a lot. The whole AI narrative that was powering the US stock market is being called into question. There’s little certainty about how a second Donald Trump administration will affect the finances of average Americans, and whether we’ll see inflation rise again, pressuring stocks, bonds—and all of our pocketbooks. To help navigate these murky times, we quizzed investment experts on big questions investors face in a year that, while brimming with risk, could also bring rewards—with the right strategies.

The S&P 500 has gained more than 20% for two years running—something that’s happened only 10 times since 1871, says Michael Cembalest, chairman of market and investment strategy for J.P. Morgan…

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