The Year-End Market Update hosted by Cresset’s Chief Investment Officer and Founding Partner Jack Ablin and Cresset Co-Chairman and Founding Partner Doug Regan focused on a recap of 2024, migration trends, and projections and themes for 2025.
Key Themes
Migration Trends
- More people are moving from cities to suburbs due to economic factors, remote work, and lifestyle changes.
- This shift is boosting suburban housing demand and impacting local economies.
Economic Outlook
- Experts expect interest rate changes in 2025 and discussed how inflation measures affect consumer spending.
- Sectors like renewable energy and technology are poised for growth.
Impact of Technological Advancements
- AI and automation are reshaping jobs and industries, raising ethical and regulatory concerns.
- Preparing the workforce through education and training is key.
Future Planning for 2025
- Strategies include diversifying investments, focusing on sustainability, and fostering industry collaboration.
