2024 - a volatile dragon year
I see yet another tough year ahead . Expecting the Fed will be forced to cut rates in 2024 as the US economy decelerates. If recession happens, companies' profits — and its stock prices would typically fall. Not to mention, China economy is slowing rapidly as well. In a nutshell, with two most powerful countries underperforming, investors should be prepared for a more bearish trend in the stock market in 2024, a year where I expect bonds will shine in comparison to stocks.
EMBRACE for more unexpected in year 2024
I would rate my trading performance as poor. 3/10
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