ING Strategist Sees Volatility Ahead, Favors Tech and Financials
Investment strategist Vincent Juvyns from ING Investment Office anticipates a volatile second half of 2025, marked by “necessary challenges.” Consequently, ING is maintaining a neutral weighting for equities in its portfolio.
Juvyns has identified specific sector preferences, favoring American technology and financial companies, both within the United States and in Europe.
This outlook comes as major US financial institutions prepare to release their earnings reports. This week, BlackRock, Citigroup, JPMorgan Chase, and Wells Fargo are scheduled to report on Tuesday. Bank of America, Goldman Sachs, Morgan Stanley, and Johnson & Johnson will follow on Wednesday.
Further down the week, US and European companies including Novartis, Volvo, Abbott Laboratories, Manpower, Pepsico, and Netflix are set to announce their results on Thursday. On Friday, danske Bank, 3M, and American Express will also release their figures.
in Belgium, the earnings season is starting at a slower pace. Barco will be the first to report, with Wereldhave Belgium following on Friday.
Wall Street Performance Recap
On Friday, the S&P 500 closed down 0.3 percent at 6,259.75 points. The Dow Jones Index saw a decline of 0.6 percent, ending the day at 44,371.51 points, while the nasdaq fell 0.2 percent to 20,585.53 points.
