DeHaven Becker expects a “decent” 2025, barring a shock to the market. He previews potential rate cuts, expecting 1-3 over the next year in the U.S., but says the rest of the world is “all over the place” on fiscal policy. He’s bullish long-term despite near-term turbulence, and likes health care and tech. “The magic word of the day is tariffs,” he adds, as they could impact GDP and inflation.