2025 Midyear Outlook - Hope Is Not A Strategy
Source: SeekingAlpha
2025-07-02 04:50:00 ET
A Bumpy Road Higher
The path of least resistance entering the second half of the year would be to say risk-on, with equity markets trending higher from here. But we can’t forget a timeless piece of strategic wisdom: “Hope is not a strategy.”
The phrase has no true owner, having been attributed to figures as varied as U.S. Army General Gordan Sullivan, football coach Vince Lombardi, and even philosopher Friedrich Nietzsche. That it’s tied to such a broad range of disciplines speaks to its applicability....
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2025 Midyear Outlook - Hope Is Not A Strategy
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