the FTSE 100 It achieved a new record higher than 9000 points during the week, which achieved gains from a year to a date of approximately 10 %, although later it decreased slightly to return it below this level.

It was an impressive gathering, given that it was about 8000 Christmas last. So at 8992 points as of the closure of Friday (July 18), is it estimated. Can it reach 10,000 points in 2025?

With the average price ratio to profits (P/E) in the UK market is less than 20, I am cautious. But I am also optimistic and see deals there.

The biggest picture

The total economic factors can have an opinion in the coming months. On the positive side, inflation continues to dilute through major economies, which raises hopes that interest rates will start continuously. Low borrowing costs will be the back wind of most companies, especially those that depend on financing such as home construction and retail dealers.

Meanwhile, the UK’s economy has proven more flexible than many expectations, and escapes from distress in technical recession. Consumer confidence is recovered and companies’ profits were generally impressive.

But there are still a lot of risks.

UN -emerging American tensions and new definitions may harm the export -focused companies. High inflation may also force central banks to retain higher growth rates. And geopolitical glow that can disrupt supply chains or send high energy prices.

So what leads the march?

A large part of the FTSE 100 batch of more than 9000 was fuel through prominent offers in mining, defense and space. Silver mine worker Freissilo Nearly 130 % increased this year against the backdrop of the high prices of precious metals Babakuk More than twice as much as defensive spending throughout Europe.

During, Rolls Royce It continues to fly, with its air business benefit from recovering the demand for travel and accumulating strong demand.

Can these sectors keep the FTSE 100? maybe. Defense budgets are unlikely to shrink any time soon from global tensions, while precious metals can remain in demand with hedge from investors against uncertainty.

But although more growth is definitely possible, I am more interested in the possibility of market income.

The goal of sustainable income

Among the high -growth blue chips, some sorry gemstones were discovered.

One caught my attention this week is Admiral Group (LSE: ADM). The insurance company is not a delightful growth play, but I think it is worth looking. It has a clean public budget, positive revenues and profits.

Currently, it provides a 5.9 % profit return, with 88.6 % payment. Incalously, he was paying profits for 20 consecutive years, indicating a noticeable consistency through market courses.

As an insurance company, it is at risk of economic shrinkage, high costs of claims and strict regulation in the United Kingdom that can threaten margins. Its dependence on investment returns also adds fluctuations, which means that profits may be less stable than their strong record.

But his evaluation is relatively low in the sector. P/E is 15 years old and has a low price rate (PEG) is remarkably low to 0.16-indicating that stocks are cheap for expansion of expected profits.

We look forward

Ultimately, FTSE 100 can reach 10,000 or decline depending on how global events are displayed. Either way, I prefer to keep the anchor wallets in high -quality shares and income generation.

They may not always steal newspapers, but to build a long -term wealth, I find a mixture of fixed growth and profit profits that are difficult to overcome.