CFRA's Stovall: Buckle up if you want to be there when the 2025 gains show up

Sam Stovall, chief investment strategist at CFRA Research (cfraresearch.com) , says 2025 will finish up a positive year, but it will likely be a year of single-digit gains that will be a struggle to achieve because the market is starting the year with stretched valuations and other headwinds. While he doesn't see a recession in the offing, Stovall sees other conditions making the market sluggish, ranging from the presidential cycle to the regular run of a bull market and more. Todd Rosenbluth, head of research at VettaFi (vettafi.com) , reviews the big stories in the exchange-traded fund business from 2024 and how some of those issues will keep playing out for ETFs and investors in the new year. Plus, in the Market Call, Jeff Auxier of the Auxier Focus Fund (auxierasset.com) discusses business-centric, long-term investing.