Where to invest? A 2024 Outlook for where to put your money
Dec 04, 2023 - bloomberg.com
The article discusses the positive outlook for personal investments in 2024, according to a Bloomberg Markets Live Pulse survey. The survey respondents are optimistic about the performance of their investments in the coming year, following a successful 2023 where the S&P 500 rose by 20%, Nasdaq 100 by 46%, and Nvidia Corp, a leading AI company, saw a staggering increase of 220%.
The article suggests that 2024 could be an even better year for investors if the Federal Reserve cuts interest rates. The optimism is based on the strong performance of the stock market in 2023, with the expectation that a cut in interest rates could further boost investment returns.
Key takeaways:
The S&P 500, Nasdaq 100, and Nvidia Corp. have seen significant increases in 2023, with Nvidia Corp. experiencing a 220% increase.
Despite the success of 2023, survey respondents believe their personal investments will perform even better in 2024.
This optimism for 2024 is contingent on the Federal Reserve cutting interest rates.
The information is based on the latest Bloomberg Markets Live Pulse survey.
