Analysts predict a significant growth in earnings per share (EPS) for the S&P 500, with a consensus forecast of 14% growth in 2025. Other regions are also expected to see EPS growth, including 9% in Europe, 9% in Japan, and 11% in Asia-Pacific excluding Japan. However, recent weeks have seen a retreat in EPS forecasts for the All Country World Index (ACWI). Additionally, Morgan Stanley anticipates that the value of the U.S. dollar will fall below current levels by December 2025. Some of Wall Street's major banks forecast a peak for the dollar in the middle of 2025, indicating a cooling in dollar strength after a landmark year in 2024.