2024 Investment Trends: What’s Next?
2024 Investment Trends: What’s Next?
Our interview with Successful Businessman Metin Liçis at the end of the year focused on the Investment Trends for the New Year.
Young Businessman MEtin Liçis started by stating that 2023 was an important year for Borsa Istanbul and the US markets.
He emphasized that while Borsa Istanbul did not continue its momentum from 2022 after the election period, it still reached new highs fueled by investor interest.
Liçis highlighted that the changes in monetary and fiscal policies post-election were considered a significant success for the stock market.
2024 Investment Trends: What’s Next?
He outlined the following trends:
- Measures taken to address long-term inflation and exchange rate risks led to a decrease in credit risk premiums and increased foreign investor interest.
- In the US markets, recession expectations dissipated, and a recovery in indices and a rise in technology stocks were observed due to the influence of artificial intelligence.
- 2023 saw hopes of an end to interest rate hikes for US markets,
- Expectations for interest rate cuts could dominate the first half of 2024.
Liçis noted that 2023 marked the beginning of the artificial intelligence era and predicted that the story would continue in 2024.
- Cryptocurrency markets are gearing up to close 2023 with high hopes after a challenging couple of years.
- Expectations for approval of Bitcoin Spot ETF,
- The surge following the Bitcoin halving and the nearing end of the Fed’s interest rate hike trajectory were cited as the main reasons for excitement in cryptocurrency markets.
- He concluded by saying that these factors were driving the excitement in cryptocurrency markets.