Investing in the stock market can be both exciting and daunting, especially in a world where economic conditions are constantly changing. To make informed investment decisions for 2024, it’s essential to consider macroeconomic factors that can significantly impact the stock market. In this article, we’ll discuss some key macro factors to watch out for as a retail investor navigating the stock market in 2024.
- Inflation
U.S. inflation rates hit a peak of
9.1% in June 2023 as post-pandemic supply chain disruptions and pent-up demand drove global prices higher. In 2024, the U.S. Federal Reserve anticipates inflation rates to dip to
2.4%. Additionally, the central bank projected that the core personal consumption expenditures price index would diminish to 2.2% by 2025, eventually reaching its targeted 2% rate in 2026. These updated predictions indicate a more subdued inflation outlook for the next two years.
In Singapore, inflation is expected to cool to around
3% in 2024. Likewise, Malaysia inflation rates are anticipated to fall within
2.5% to 3.5% this year....
