A common yearly seasonality observation is that as January goes, so goes the year.
According to Wolfteam Ltd.'s estimates, this year will be different. US Stocks will most probably finish 2024 higher by between 12 % and 17 % mainly on the back of the Federal Reserve targeting lower interest rates levels.
Advancements and developments in AI could also propel US stocks higher. Mainly, however, undervalued sectors of the economy like energy, base metals, precious metals and industrial stocks will outperform both on value investing basis and global military encounters, which increase the demand for oil, gas, base metals and precious metals.
Lowering interest rates propelling gold, oil and the associated stocks higher could be the main US stocks theme of 2024.
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