On Christmas Day, the New York Stock Exchange and Capital Group’s U.S. offices will be closed.
In observance of the Christmas Day federal holiday, the New York Stock Exchange and Capital Group’s U.S. offices will close early on Tuesday, December 24 and will be closed on Wednesday, December 25. On December 24, the New York Stock Exchange (NYSE) will close at 1 p.m. (ET) and our service centers will close at 2 p.m. (ET)
2025 OUTLOOK
Economic outlook: Global growth dependent on a resilient U.S.
The world economy remains a mix of leaders and laggards. As inflation eases and central banks cut interest rates, the United States and India continue to drive global economic activity while Europe and China seek to kickstart growth. Here's what to watch for in the months and years to come.
Healthy U.S. economy remains a cornerstone of global growth
Sources: Capital Group. Country positions are forward-looking estimates by Capital Group economists as of December 2024 and include a mix of quantitative and qualitative characteristics (in USD). Long-term tailwinds and headwinds are based on structural factors such as debt, demographics and innovation. Near-term tailwinds and headwinds are based on cyclical factors such as labor, housing, spending, investment and financial stability. Circles represent individual economies. Circle sizes approximate the relative value of each economy and are used for illustrative purposes only.
2025 Outlook webinar
Welcome to the Benjamin Button economy
U.S. public debt: Where is the breaking point?
Where to consider investing as interest rates fall
EQUITY OPPORTUNITIES
Stock market outlook: AI leads a broadening market
The grip Big Tech has had on market returns shows signs of loosening, due in part to the vast build-out required to deliver on AI's promise. Market participation broadened beyond tech in 2024 as dividend payers, value stocks and non-U.S. companies generated strong gains. Find out why.
"Capital expenditure sprees are a feature, not a bug, of technological change."
- Jared Franz, U.S. Economist
The Long View: 4 megatrends to watch
4 AI bottlenecks could bolster old-economy companies
3 reasons utilities could be the next growth sector
Confessions of a value investor
FIXED INCOME OPPORTUNITIES
Bond outlook: Income opportunities widen
The era of TINA, or "there is no alternative" to stocks, may be over. Income opportunities from bonds could be the best in decades, and investors now have more options. Get our fixed income team's latest thinking.
Bond yields have surpassed the S&P 500 Index earnings yield
Sources: Bloomberg Index Services Ltd., FactSet, Standard & Poor's. Earnings yield is equal to the forward expected earnings-per-share divided by the share price. Yield to worst is the lowest yield that can be realized by either calling or putting on one of the available call/put dates or holding a bond to maturity. As of November 30, 2024.
How bonds could shine as interest rates decline
Did you miss the rally in stocks and bonds?
Municipal bonds remain attractive despite fading stimulus
Do today’s bond yields give reason for optimism?
Never miss an insight
The Capital Ideas newsletter delivers weekly insights straight to your inbox.
FINRA’s BrokerCheck | Check the background of Capital Client Group, Inc., on FINRA’s BrokerCheck.
Past results are not predictive of results in future periods.
Investing outside the United States involves risks, such as currency fluctuations, periods of illiquidity and price volatility, as more fully described in the prospectus. These risks may be heightened in connection with investments in developing countries.
The market indexes are unmanaged and, therefore, have no expenses. Investors cannot invest directly in an index.
The Bloomberg U.S. Aggregate Index represents the U.S. investment-grade fixed-rate bond market.
The S&P 500 Index is a market capitalization-weighted index based on the results of approximately 500 widely held common stocks.
BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively “Bloomberg”). Bloomberg or Bloomberg’s licensors own all proprietary rights in the Bloomberg Indices. Neither Bloomberg nor Bloomberg’s licensors approves or endorses this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results to be obtained therefrom and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith. The S&P 500 Index is a product of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use by Capital Group. Copyright © 2024 S&P Dow Jones Indices LLC, a division of S&P Global, and/or its affiliates. All rights reserved. Redistribution or reproduction in whole or in part is prohibited without written permission of S&P Dow Jones Indices LLC.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses.
This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Capital Group or its affiliates. This information is intended to highlight issues and should not be considered advice, an endorsement or a recommendation.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
Use of this website is intended for U.S. residents only. Use of this website and materials is also subject to approval by your home office.
Capital Client Group, Inc.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.