[Miser]Hello Tigers[Smile]
2023 is an extremely unusual year.
Welcome to read: Remember what happened in 2023? Review the Top 10 Keywords!
In 2024, markets, economies, and currencies are likely to experience the same ups and downs.
Santa Claus Rally
The following are some institutions’ predictions on the factors and trends impacting US stock fundamentals, the US dollar, US bonds, gold, silver, bitcoin, and other asset prices.
Key words：
2024 US Stocks: Cool Inflation, Rate Cuts, & Election Pop!
2024 Treasury Forecast Shimmers.
USD Fades in 2024! Set to Weaken, with Second Half Dive
Bitcoin : Blasts Off in 2024? Buckle Up for a Wild Ride!
Gold Glimmer & Silver Surge in 2024!
Oil in 2024: Tightrope Walk
Special Notes: This article primarily compiles self-published information and is not intended as direct investment advice.
Feel free to discussions this in the comment section.
1.2024 US Stocks: Cool Inflation, Rate Cuts, & Election Pop!
Cooler temps incoming: Inflation chills and the Fed cuts rates, making companies bloom and stocks sing.
Election year bonus: Uncle Sam may shower the market with goodies.
Indexed Forecast: Goldman Sachs sees S&P 500 up 8% to 5,100, FXStreet eyes Dow at 40,500.
⚠️ Risk watch: Fed could still tighten its belt (QT), dampening the party.
With inflation worsening from mid-2022 to late 2023, the main focus for markets heading into 2024 will be when and how much the Fed will cut interest rates. Lower interest rates should give most companies more fiscal space for growth and acquisitions by lowering the cost of capital.
2. 2024 Treasury Forecast Shimmers.
Bank of America's top strategist crowns bonds the "king of assets" for the first half.
Investors are head-over-heels for bonds: optimism higher than ever since 2008!
Even Pimco, with $1.74 trillion under their belt, says "rate cuts, for sure!"
Other experts expect higher yields by December: 4.25% (Bank of America), 3.95% (Morgan Stanley), 3.65% (JP Morgan), 3.90% (Citigroup).
The buzz: potential bond bonanza with rate cuts, but keep an eye on those yields.
3.$USD Index(USDindex.FOREX)$Fades in 2024! Set to Weaken, with Second Half Dive
Hawks on hold: Looking forward to 2024, The Fed's dovish pivot leaves the dollar feeling chilly.
Global warming: Other central banks are done raising rates, adding pressure on the greenback.
Second half swoon: Experts predict the dollar's biggest drop is yet to come in 2024.
Yield watch: Falling bond yields could reverse the trend, so keep an eye on the numbers.
A Reuters poll of 71 foreign exchange strategists in early December showed that the dollar is expected to weaken against G10 currencies in 2024, with most of its decline to occur in the second half of the year.
4. Bitcoin Will Blasts Off in 2024? Buckle Up for a Wild Ride!
Green lights & gold rush: Regulators smile, BlackRock wants a Bitcoin ETF, even HSBC joins the party! Major banks are all-in on crypto, fuelling the fire.
Price predictions? Buckle up:
Cautious crew: $42,000 to $100,000 after that ETF lands.
Moonbeam believers: Institutions and limited supply could send it skyrocketing even $160,000 to $1 million!
Why the hype? Analysts say: market valuation cycle, Network activity, Bitcoin Halving, macroeconomic outlook, Bitcoin Spot ETF Approved, Stablecoin liquidity increases.
CryptoQuant analysts believe that the Bitcoin and cryptocurrency markets are expected to remain positive in 2024.
5. Gold Glimmer & Silver Surge in 2024!
$Gold - main 2402(GCmain)$ :
ANZ raised its 12-month price target to $2,200 per troy ounce from $2,150 per ounce in a report.
Gold looks set to be well-supported in 2024 by rate cuts, weak dollar, and geopolitical jitters fuel the fire.
ANZ said if $Gold - main 2402(GCmain)$ breakout above $2,060 could send it into uncharted territory!
$Silver - main 2403(SImain)$
Strong upward trend with potential for volatility.
Explosive moves possible if supply tightens and the Fed cuts rates.
$50 in sight for 2024! Peter Spina, president and CEO of GoldSeek, said that if global supply continues to fall short of demand and the Federal Reserve follows through on its plan to shift to interest rate cuts in the coming months, silver prices is looking forward to silver prices hitting $50 in 2024.
Buckle up, precious metals fans! It's gonna be a wild ride!
6.Oil in 2024: Tightrope Walk,Oversupply Meets Uncertainty
Supply: Oversupply risk rises, but OPEC+ curbs and easing disruptions might keep supply tight.
Demand: Slowdown looms, but seasonal peaks and non-OECD growth offer hope.
Prices: CICC sees tight balance, Standard Chartered predicts $98/bbl Brent; Goldman Sachs cuts to $81/bbl with June peak of $85/bbl.
Christmas is coming. If you don’t count stock holdings and happen to have idle funds, you may consider investing in U.S. Treasury Bonds.
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