The world’s top money managers are becoming increasingly cautious about stocks in the second half of 2025, expecting more market volatility ahead. The recent six-month period has seen significant fluctuations, with the S&P 500 plummeting by 19% before rebounding to a record high.
A renewed risk-on rally was sparked by the ceasefire between Israel and Iran, but many investors are wary of chasing this trend further. As markets approach their next phase, several concerns are emerging that could impact stock performance.
Source: https://www.bloomberg.com/news/articles/2025-06-28/five-risks-for-stocks-that-cloud-the-outlook-for-the-second-half