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SoFi Hong Kong Blog
Resilient GDP Growth Defies Recession Predictions There are several optimistic factors that turn us to the positive for the U.S. stock market in 2024. For all the consensus expectations of a recession in 2023, GDP growth held up surprisingly well. It’s expected to slow down in Q4, but the first three quarters were a good…Read more
Challenging Assumptions Regardless, at some point in 2024 the Fed is likely to start cutting rates. The issue is, it’s not the hikes that usually getcha, it’s the cuts. Even if we leave the recession debate aside and only focus on markets, this chart shows the frequency of market bottoms that happen around or after…Read more