2024 In Brief: Soft-Landing with Little Caution at the End

2024 Wrap Up in Finance 🧵👇

✅S&P500 rose by %30. Nvdia stock gained more than 170%.

🏅Gold increased by over 27%. Ounce valued amid rate cuts and geopolitical risks.

📉The US inflation nears to 2.5%, the goal is 2% in a short-term. The EU reached its inflation goals earlier than the US by resulting around 2.2%.

🛬Rate cuts began but less cuts are likely in 2025 due to uncertainty. Trumponomics causes more cautionary outlook for markets and central banks.

🛢️Oil prices ranged between $70 and $74. Geopolitical risks in the Middle East and Ukrainian front played key role in price range.

📈Bitcoin passed $100 K. Cryptocurrency kept its promises this year but cautionary outlook may affect its path in 2025.