“Ivan Kompan Financier, founder of First Kyiv Investment Club Be careful: You can wait for anything December 21, 18:34 NV Premium Share: The year is almost over and it was definitely a winner for the markets: the S&P 500 rose by 23%, which is twice the historical average value. The main drivers of this year’s growth were the prospect of a reduction in the discount rate by the US central bank and the development of artificial”, — write on: ua.news
The year is almost over and it was definitely a winner for the markets, with the S&P 500 up 23%, double its historical average.
The main driving forces of this year’s growth have become the prospect of lowering the discount rate by the US central bank and the development of artificial intelligence. This is what everyone talked about, wrote about, dreamed about and, as always, hoped that the momentum of growth would last for a long time. They reached almost the end of the year: inflation gradually decreased, the central bank did not abandon its plans, and there seemed to be no good reasons for any dramatic changes in the Fed’s strategy. There were also different conversations about AI, but the general opinion was that we can’t do without the new technology, but with it we have a great chance to build a happy life. And if the strategic vision of the main market participants regarding AI prospects remains unchanged — “Only forward!” — certain metamorphoses took place with the macroeconomic picture and plans of the Fed at the end of the year.
