Organization: Still predicts that the US market will grow, mergers and acquisitions will surge along with IPOs

Cesar Ruiz, Chief Investment Officer of the Swiss Pictet Group, believes that 2025 will present both traps and opportunities. Many economists worry that the tariff policy promoted by the Trump administration will cause inflation, but Ruiz is full of confidence in market growth. He believes that in the first half of the year, America's uniqueness will remain strong and growth in U.S. stocks will be sufficient to provide investors with robust returns. Ruiz compares new Treasury Secretary Bessent to Ben Bernanke, former chairman of the Federal Reserve during the global financial crisis. Bernanke "was the best person for this job at just right time. So is Bessent." Ruiz predicts a large-scale consolidation among medium-sized American financial companies; therefore now is a good time to buy shares from potential acquirers. As Trump cuts regulations, mergers and acquisitions are expected to surge along with IPOs providing good opportunities for investment banks or trading targets.