Broker Check

The Great Moderation: Riding a Wave of Economic Stability

December 17, 2024

Throughout history, major market events often earn memorable names. In the 1930s, we saw the Great Depression, and more recently, we had the Great Financial Crisis. While it’s usually the negative news events that get these attention-grabbing titles, if we were going to coin a name for what we expect in 2025, it would be the Great Moderation.

As we approach the five-year anniversary of the pandemic’s onset in the United States, the economy is still moderating toward pre-pandemic levels. The pandemic and its aftermath disrupted supply chains, labor markets, inflation, and economic growth, leading to significant fluctuations across these indicators. These effects have rippled through stock and bond markets, shaping economic conditions for years.

Click on this linkto read Cetera's 2025 Annual Outlook.

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