WealthOracle Newsletter January 2025 Trial Edition (2025-01-31)

A bumper year for US stock markets has drawn to a close with investors eagerly awaiting the inauguration of President Donald Trump for a second term in office. All 3 major US indices posted impressive gains in 2024 led by Nasdaq which closed 2024 up 28.9%. S&P 500 finished around 25.2% higher and DJIA posted a 13.5% gain. Solid economic fundamentals, Fed monetary policy easing and the ongoing AI/Tech/chip rally were the main drivers of the bumper stock market performance, with President Trump’s election victory triggering a final late year push higher.