Here's what to expect in the markets in 2024. #stockmarkets #fed #interestrates
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2024-04-08 20:08:04

let's talk about what to expect in twenty twenty four for the markets and the economy the economy is going to slow no doubt about it all those interest rate hikes for the past year and a half they have a lag effect we're going to feel them in twenty twenty four gdp will slow the unemployment rate may rise as high as four point five percent because that producer recession will have to see what happens to consumer spending the inflation stores pretty much over the rate of growth is almost zero it doesn't mean prices are coming way down it just means no more price spikes hopefully we know the fence going to cut rates at least three times that's already used the stock market stock markets in the ed twenty twenty three more than twenty percent year after twenty percent plus gain is usually good for the market usually up eight to ten percent on average we'll see what happens with corporate earnings lot of uncertainty out there we'll get to that in a second but it's gonna be another big year for ai if on twenty twenty three was being
ai everywhere in twenty twenty four the big stocks also going to get bigger and twenty twenty fours investors cling to the safety of the big heavy tech stocks also a big year for crypto as we might get the approval of those bitcoins body ts and all the asset managers want you to hold your crypto in their custodianship so we'll see what happens with that the big uncertainties it's an election year always a lot of headline risk also we have russian ukraine we have the war in the middle east we have taiwan china a lot of geopolitical uncertainty and also climate risk twenty twenty three was the hottest year on record twenty twenty four might just beat that record it's going to be a very busy year