Most investors and analysts predicted this year would ⁠be different, given Donald Trump's return to power in the world's biggest economy, but few could have guessed how wild the ride would get, or the final results.

World stocks recovered from April's "Liberation Day" tariffs' crash and have risen 21% in 2025 – a sixth ​year of double-digit gains in the last seven – but look elsewhere and ‍the surprises jump out.

Gold, the ultimate safe port in a storm, has surged nearly 70% in its best year since the 1979 oil crisis, while the U.S. dollar is down nearly 10%, oil is off almost 17%, yet the junkiest of junk bonds have soared in the debt markets.

The "Magnificent Seven" β€ŒU.S. tech giants seem to have lost some of their sparkle since artificial intelligence darling Nvidia became

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