DBS's CIO, Hou Wey Fook, expresses strong confidence in US equities for 2025, echoing Warren Buffett's advice to never bet against America. Despite political uncertainties, he highlights the US's robust capital markets, entrepreneurial culture, and top-tier companies as key strengths.The bank has shifted its equity stance to neutral, favoring US technology for its growth potential, while also being cautious of market risks like trade wars by increasing its bond holdings. Additionally, DBS sees value in Asian equities, particularly in sectors like Singapore REITs and tech in China and India, suggesting they may be at a turning point.