I’ve been predicting a year-end market rally since October…
And now, key market indicators are proving me right as the economy starts to cool off.
I’m going to explain why in today’s video, but I’ll preface by saying this.
The Federal Reserve has one way to fight inflation: raising interest rates to slow things down, then cutting interest rates as the market begins to stabilize.
The Fed’s job is done. It started this fall in longer-term interest rates, where the U.S. 10-Year Treasury Note yield fell from 5% in October to below 4%.
That’s led to one of the biggest market rallies of the year in November — specifically in the Nasdaq.
Developments (and investments) in AI have helped make that happen, and we’re seeing the market about to end the year strong!
But, I have two more market predictions in store for you before 2024…
(Or read the transcript here.)
🔥 Hot Topics in Today’s Video:
- Market News: Market signals like the Relative Strength Index and the Invesco QQQ are pointing to one thing: a year-end market rally. [0:30]
- Prediction #1: The ARK Innovation ETF’s (ARKK) performance leads me to believe that these two markets will see gains as we close out the year. [7:25]
- Crypto Corner: Solana (SOL) has been a crypto outperformer this quarter! I also answer a question from Jesus on the crypto gaming and gambling industry. [8:40]
- Prediction #2: Three mega trends are going to shape the crypto narrative into 2024. [10:00]
Until next time,
Ian King
Editor, Strategic Fortunes
