23.12.24 - Markets stabilized

After the latest US inflation print on Friday afternoon and as the US government shutdown was averted, investors started to calm down.

Markets: Steady trading day with subdued volumes ahead of the holiday-related stock market closures across markets.

My View: Positive sign that markets could stabilize before the holiday season starts with low volumes.
Inflation and economic data will remain in focus in the beginning of 2025. Any negative surprise could lead to a sharp market reaction. Furthermore, the focus will be on Trump and his first days as the US president which could also have the potential and lead to market swings in either direction.

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