This uncertainty is understandable. Some experts believe that the proposals for deregulation could create a strong avenue for U.S. companies to expand. Others worry that President-elect Trump’s tariff plans could lead to sharper inflation.  These questions don’t even touch on the direction the Federal Reserve could be heading. Few on the market doubt that the Fed would stop cutting rates, but the frequency and intensity of said cuts is under consideration.  Keeping all of these domestic concerns in mind, it can certainly make sense to adopt a more international portfolio for the new year. This year has not been especially kind to international equities, but diversifying a portfolio can pay off in the long term. One could consider the benefits of diversification especially attractive when heading into 2025 with an uncertain U.S. market.