From Inflation to Bitcoin, 9 Charts That Explain 2024
Published On Dec 21, 2024, 8:00 AM
The article discusses how the U.S. economy is in a stable position heading into 2025, with significantly reduced inflation and strong economic growth. Key trends include record stock market highs, particularly influenced by major tech stocks, and several rate cuts by the Federal Reserve. Bitcoin has also seen remarkable price increases, surpassing $100,000. However, the political landscape remains uncertain due to potential policy changes from the incoming Trump administration. Investors should keep an eye on these trends as they could significantly impact market conditions going into the new year.
Stock Forecasts
NVDA
Positive
Continued strong performance expected from the "Magnificent Seven" tech stocks, especially Nvidia, which has shown exponential growth in market value. With the S&P 500's momentum expected to continue amid favorable economic conditions, tech stocks are likely to rally further in 2025.
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