Bloomberg Daybreak: Europe Edition 2025’s Big Market Winners, Eurostar Delays Continue, New Eurozone Member
Dec 31, 2025
Valerie Teitel, a market strategist known for her insightful analysis, dives into the impressive 21% rise of the MSCI All Country World Index, fueled by AI enthusiasm and Fed interest-rate cuts. She discusses China's economy, highlighting President Xi's optimistic 5% growth target and a recovering manufacturing sector. The conversation shifts to the chaos caused by Eurostar's recent power failure, leaving passengers stranded. Teitel also shares her concerns about future market risks including tariffs and geopolitical tensions.
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AI And Rate Cuts Powered Stock Gains
- Global equities rallied strongly in 2025, driven by AI enthusiasm and Fed rate cuts.
- The MSCI All Country World Index rose about 21% despite tariff and geopolitical risks.
Monitor Three Key Market Risks
- Watch for tariffs, U.S. growth softness and geopolitical shocks as key risks heading into 2026.
- Heed Anna Rathbun's caution that elevated valuations make markets vulnerable to these factors.
China's Factory Activity Shows Recovery
- China's manufacturing PMI unexpectedly edged into expansion in December, ending a long slump.
- President Xi said growth should be 'about 5%' in 2025, signaling official confidence in recovery momentum.