The Nasdaq soared 53 for the whole year, and faces the risk of a correction in 2024

Mondo Finance Updated on 2024-01-31

NASDAQ 100 today 167774. Stand at an all-time high. For the full year, 53% was the largest annual increase since 1999.

Ordinary domestic investors can participate in the Nasdaq investment through QDII**, and the wool of Midi.

The Nasdaq 100 ETF on Alipay has a return of 51-53 this year9%, showing good tracking ability.

The other active **, which is dominated by American technology companies, has an income of 38 this year94%, still can't beat the index**.

How to have a large amount of funds, it is recommended to go to the **company to open an account and invest in the field**. Low commissions, T+0, and closer tracking of the market.

In 2023, the world's major economies will all grow, and the Nasdaq will lead by a wide margin. India's Mumbai 30 Index is **18 this year9%。Nikkei **259%。

The Nasdaq has climbed to an all-time high, will it be ** in 2024, and is it appropriate to increase positions now?

The Nasdaq 100 climbed to an all-time high of 16,000 at the end of 2021 and was 32 in 202296%。Will this scenario be repeated in 2024?

Let's take a look at the reasons for the 2022 NASDAQ**.

In 2022, the Fed raised interest rates seven times in a row this year, and the federal** interest rate was raised from zero in March to 425%~4.5%。The yield on the 10-year Treasury note has increased from 1 at the beginning of the year63% climbed all the way to 4% at the end of the year. It also exceeded 4% several times in October and November. This is a high interest rate that has not been seen in 20 years, and the market is worried that the U.S. economy will fall into a recession, and a large amount of money will be transferred from the bond market, resulting in a sluggishness.

And this reason is now precisely the impetus to support the 2024 Nasdaq, because the Fed's interest rate cut has almost become a foregone conclusion, and the good for ** is self-evident.

Second, the U.S. economy is on a soft landing, and a recession has become a rare event. The market generally expects the overall U.S. stock market to maintain a growth trend, with CICC** growing by 5-10%.

Since 2010, the NASDAQ has grown at a compound growth rate of 1912%。If you count the two years of 2022 and 2023 alone, the growth rate of the Nasdaq is 10%, so there is still a lot of room for 2024.

Wall Street's ** drive for the Nasdaq in the next 10 years in 2023 is ChatGPT launched by Microsoft in April this year, which represents the opening of a new field of Internet technology, and Nvidia will take the whole year **25 times has become this year's outlet.

With AI just getting started and Microsoft and other followers iterating rapidly, it's not an exaggeration to say it's in the ascendant. Optimists estimate that artificial intelligence will still be the driving force of development in 2024**, and the Nasdaq is expected to hit 19,000 points.

The International Monetary Organization expects the global economy to grow by 29%, while the U.S. economy will grow by 14%。

However, on Wall Street, there is still a bearish view on next year, believing that the driving force of economic development in the past two years lies in the release of Americans' consumption power after the epidemic, and this part of the purchasing power has been basically released, and 2024 will face the dilemma of insufficient consumption.

*There are risks, so you should be cautious when entering the market. It is particularly difficult to judge short-term trends, and even professional teams such as Goldman Sachs and JP Morgan often slap in the face. But judging the long-term trend is relatively straightforward. The underlying logic of the Nasdaq is whether American technology will still lead the world in the next decade

I can only help you get here, and judge the rest for yourself.

At the end of 2023, nine of the world's largest companies by market capitalization are U.S. companies. But 10 years ago, at the end of 2022, there were only four American companies among the top 10 global companies, with PetroChina, China Mobile, Industrial and Commercial Bank of China, Samsung Electronics, Shell Oil, and BHP Billiton occupying the other six.

That's all there is to say, and the rest is your own judgment.

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