Stocks Are Skipping 'Santa Claus Rally' Again. That Doesn't Bode Well for January
"Bonds vigilantes" are targeting Trump and Powell as the "anchor of Global asset pricing" dances again.
The yield on US treasury bonds has soared again in the past few weeks, putting pressure on the US stock market.
Sina Finance Year-End Review: Top Ten News in the U.S. Stock Market for 2024.
This year, the U.S. stock market has performed strongly, with the S&P 500 rising over 20% for two consecutive years. Technology stocks continue to lead, with excellent performance from AI stocks like NVIDIA. The Federal Reserve has started a rate cut cycle, injecting optimism into the market; however, high valuations and geopolitical risks have also increased market uncertainty. Sina Finance has summarized major events in the U.S. stock market for the year and selected ten significant news stories for 2024. The Federal Reserve has restarted its rate cut cycle: a cumulative cut of 100 basis points within the year, leading to historical highs in the U.S. stock market in 2024. This marks a major turnaround in Federal Reserve monetary policy. For the first time in over four years, the Federal Reserve has initiated a new cycle of rate cuts. In December, the Federal Reserve announced a rate cut of 25 basis points.
Elliott Wave View: Dow Futures (YM) Looking for Double Correction [Video]
January's Must-see Financial Events: CES 2025, Q4 Earnings Season, and Trump's Inauguration Day
450 billion Outflow vs. 1700 billion Inflow, USA active funds suffered greatly, while ETF is the big winner.
Analysts indicate that in recent years, traditional stock-picking Funds have struggled to justify their relatively high fees, as their performance lags behind the Wall Street Index driven by large Technology stocks. As older investors, who typically prefer active strategies, exit the market, younger savers are shifting towards cheaper passive strategies, accelerating the outflow of funds from active strategies.
