As for the Christmas rally, I believe it has already run its course for 2024. The rally kicked off earlier this year, and while it had a strong start, it seems that we’ve already seen the peak for this period. The combination of hawkish Fed expectations, rising inflation concerns, and the high Shiller PE ratio suggest that we're entering a phase where upside potential is more limited in short term.
@Tiger_comments @TigerStars
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Great article. Thanks for sharing 😘😘😘