Full Year 2024 Review and Outlook
What were the major business events in 2024? What do we expect to happen in 2025?
2024 was a whirlwind year where geopolitical drama and central bank decisions threw financial markets into a spin
Global stock markets danced through rate cuts, but it was the big players who waltzed away with most of the gains
For 2025 all eyes on the US, where rate cuts and Trump’s team take centre stage once again
Big events in 2024💥
As the holiday vibes wrap up and the year’s end looms, it’s time to bid farewell to 2024, a year that packed in more drama than a binge-worthy Netflix series. From the carefully choreographed spectacles of the Olympics, APEC summits, the US presidential election which featured an attempted Trump assassination to South Korea’s political soap opera, 2024 has been nothing short of riveting. Naturally, these moments have left their mark on financial markets — sometimes shaking them to their very core.
The real headliner of 2024? 🥇 Gold, the glittering darling of the markets, which has been on an unstoppable tear, climbing 30% as of 10 December. Why? Take your pick: geopolitical fireworks in Ukraine and the Middle East, central banks trying to diversify their treasure chests, or inflation-wary retail investors rushing to hedge their bets. We covered this in October’s newsletter “Gold price surging — where will it end?”, but in case you missed it—if you’d thrown your hat in the gold ETF ring back then, you’d be toasting your fortune with champagne by now.
And let’s not forget Bitcoin ₿. It’s smashed through the mythical USD $100k barrier and is still hurtling upwards after a jaw-dropping 130% gain this year. What fuelled this crypto rocket? Well, it started with the SEC approving Bitcoin ETFs in January, followed by the buzz of an April halving event. But the pièce de résistance was Donald Trump, whose presidential campaign pledged to turn the US into the “crypto capital of the planet.” Trump even promised a strategic Bitcoin stockpile for Uncle Sam. Now that he’s back in the White House, his crypto love affair has sent Bitcoin into the skyline.
Want to know more about detailed investment returns? Next, we will take an in-depth look at the major returns in the market of US, UK, and China, and provide a forecast for 2025.
🔎 Become a Genuine Impact Insider
🎄Only a few days left!!! Get 50% off our paid subscription. Now just $5 per month.
You have until 31 Dec to sign up.
