What will 2025 bring for global markets? What impact will Donald Trump’s tariffs have? Will inflation rise? Katie Martin is a markets columnist for the FT and host of the Unhedged podcast. We often discuss how long-term investors must be prepared to weather economic cycles. If you haven’t experienced a market crash yet, Katie believes this year might put your resilience to the test. 🤔 Watch recording from our 'what do with a lump sum' webinar https://makingmoney.email/lump-sum-recording 🤝 Improve your finances with our adviser service - book free consultation: https://makingmoney.email/financial-advisors-video 🎉Sponsors Vanta - Get your company secure and compliant, with $1k off: https://vanta.com/makingmoney Tide - Get 3.81% AER variable on your business savings. Use this link https://www.tide.co/offers/makingmoneyq1 or the code 'MAKINGMONEYQ1'. You'll also get £100 if you fund your account with £5,000 in the first 30 days. Ts&Cs apply. New members receive a 0.77% AER boost on the standard 3.04% until 01/06/25 after which the rate reverts to 3.04% with no interest on balances over £75,000. Rate correct as of 06/02/2025. Full terms: https://tide.co/terms/makingmoneyq1-tnc. - If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. Chapters 00:00 - Intro 00:28 - Has DeepSeek Changed Everything? 08:25 - Trump, Tariffs & Taxes 19:29 - Tide Ad 20:29 - Winners & Losers of 2025 29:57 - Hopes for European Stocks 35:55 - Has Rachel Reeves Lost Market Trust? 42:47 - Vanta Ad 43:43 - Can Labour Fix the UK Economy? 57:36 - Everyone’s Confused 01:01:53 - Why 2025 Could Prove Passive Investing Wins 01:06:50 - What to Do if Markets Crash in 2025 01:16:45 - What To Do With A Lump Sum in 2025