Rate cuts will continue in 2025 but there won’t be as many as traders wanted. That’s what Chairman Powell said earlier this week, and the market reacted accordingly. Stocks slid across the board on the news and painted a picture of uncertainty going into the new year. News like this is why it’s important to protect your wealth through strategies designed to withstand turbulence while taking advantage of opportunities as they present themselves. Click here to learn more about how you can do that.
Even though Chairman Powell’s words caused the price of Bitcoin and other cryptocurrencies to slide, they still have a bright future ahead. Senator Cynthia Lummis (R-WY) believes as much and sees 2025 as the year for digital assets. She’s one of the main advocates of the US establishing a strategic Bitcoin reserve, an idea that seems to be gaining steam. This is just one catalyst behind why crypto is growing into a must-own asset despite the recent pullback. Click here to learn about others.
The pullback has also hit gold, causing it to test a floor of $2600 per ounce. Like other assets, this presents a buying opportunity for savvy investors as gold still has fundamentals in place that position it to recover and surge in the short term. Now is the perfect time to add some to your portfolio. Click here to learn more about what names to add to catch gold when it rebounds.
Microsoft is buying all the Nvidia AI chips it can get ahold of to realize its AI-related ambitions. This could potentially give the tech giant an advantage over its competitors as the race to AI supremacy heats up and as the investment dollars keep pouring in. As an investor, now is the best time to get in on the sector. Click here to learn about one particular play that’s set to win big.
The story of whether Bitcoin will continue to slide will be one of the most noteworthy in the next week.