The Fed Is Poised to Cut Rates Next Week. But 2025 Is Another Matter
"Person of the Year" Trump rings the opening bell at the NYSE, emphasizing that "the stock market is everything."
On December 12, the elected President Trump was named Time Magazine's Person of the Year for 2024, ringing the opening bell at the NYSE that day; Trump rang the bell with the CEO of ICE and the CEO of Time Magazine, along with the president of the NYSE, while the CEOs of companies such as Goldman Sachs and Citigroup were present; Trump promised an "unprecedented economy," planned to increase oil drilling to reduce inflation, and committed to lowering the corporate tax rate to 15%.
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“Wall Street magic calculator”: US stocks will rise and then fall next year Trump and Musk will risk falling
① Tom Lee, the co-founder of Fundstrat, known as the "Wall Street Oracle," predicts a mid-year target of 7000 points for the S&P 500 Index in 2025, with a year-end target of 6600 points, reflecting an overall increase of 8%. ② He believes that supporting factors for the US stock market next year include interest rate cuts by the Federal Reserve and Trump's tax cut policy, but Musk's Government Efficiency Department and Trump's tariffs may hurt the USA GDP.
Wall St Advances as Inflation Data Cements December Rate-cut Hopes