From the @FT: “Investors’ “relentless” appetite for juicy returns has triggered the biggest boom on Wall Street in complex financial products since the lead-up to the global financial crisis in 2007. “#markets pic.twitter.com/zII97X2VS0
— Mohamed A. El-Erian (@elerianm) December 10, 2024
The US stock market continues to show strong momentum, defying skeptics and driving what many describe as a “freight train” rally. This momentum has investors reluctant to bet against further gains, despite underlying concerns about market valuations. Traders on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) are witnessing a robust performance that is hard to ignore.
Good Morning from #Germany where the stock market rally is completely detached from econ performance. Over the past decade, the economy has grown by 87%, while the benchmark index Dax has soared by an astonishing 414%. pic.twitter.com/iLX7OdKZVX
— Holger Zschaepitz (@Schuldensuehner) December 7, 2024
The rally has become a focal point for market professionals, with many pointing to various factors contributing to the surge. These factors include persistent optimism about the economic outlook and corporate profitability. European equities dipped on Tuesday, following tech-led declines on Wall Street, rather than capitalizing on stimulus gains in China.
In a related move, the Australian dollar fell as the central bank hinted at potential rate cuts.
Five charts you need to see for 2025 ⬇️⬇️⬇️
1⃣ The S&P 500 has gained 20%+ for two straight years
Three 20%+ years hasn't happened outside of the 1990
But are stocks doomed? Not necessarily.
Big gains happen more often than you think. pic.twitter.com/ijvUYWc72T
— Callie Cox (@callieabost) December 9, 2024
Saqib Iqbal Ahmed reported on the market dynamics and investor sentiment shaping up as we approach the end of the year.
US market defies bearish expectations
Ira Iosebashvili and Deepa Babington provided editing for the report.
BOOMERS are SOL:
When stock market bursts…BOOMERS will be BIGGEST LOSERS.
BOOMERS have been lucky.
In 1970’s BOOMER’s caused real estate market to BOOM.
In 1970’s BOOMER’s 401k’s caused stock and bond market to BOOM.
In 2020’s BOOMER’s old age will cause real estate and…
— Robert Kiyosaki (@theRealKiyosaki) December 9, 2024
The resilience of the US stock market remains a key subject of analysis and speculation among traders and economists alike. As the year draws to a close, investors are closely monitoring the market’s performance and any potential shifts in sentiment.
Despite the strong momentum, some market experts caution against becoming overly optimistic. They point to the potential risks associated with high market valuations and the possibility of a correction in the future. However, for now, the US stock market continues to ride the wave of positive sentiment and strong economic indicators.
Investors are keeping a close eye on any developments that could impact the market’s trajectory in the coming weeks and months. As the rally continues, it remains to be seen how long the momentum will last and whether the market can sustain its current levels. Traders and investors alike are navigating this dynamic landscape, seeking opportunities while also remaining vigilant about potential risks.
