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deVere CEO sees strong December for stock investments

2024.12.02 06:46

deVere CEO sees strong December for stock investments

Investors may find December a promising month to invest in the market, according to Nigel Green, CEO of deVere Group, one of the world’s leading independent financial advisory and asset management firms. Green’s optimistic outlook is based on the current stock market momentum, historical trends, and the anticipated economic policies of President-elect Donald Trump.

Green notes that the equity market has had an exceptional year, with Wall Street achieving 54 new highs in 2024 alone. He anticipates that the historical pattern of strong investor activity and positive returns in December will likely continue, giving an 80% probability for another positive finish for the month.

The incoming Trump administration’s agenda, which is expected to include tax cuts and regulatory easing, is seen as a catalyst for economic expansion, potentially lowering operational costs for businesses and opening up new growth opportunities. Despite some concerns over protectionist trade policies, deVere Group believes the overall policy framework will support long-term growth.

Investors are encouraged to reassess their strategies and focus on sectors that could benefit from a more business-friendly environment. The market’s resilience suggests that there is a solid case for investors to maintain a long-term perspective and continue investing.

Green emphasizes that historical strength, seasonal patterns, and a pro-growth sentiment indicate an extended window of opportunity for investors. With the expectation of lower regulatory hurdles and strategic fiscal initiatives, industries are poised to see enhanced profitability, which could lead to expansion and innovation.

In conclusion, Green advises that seizing these apparent opportunities will be crucial for investors aiming to build long-term wealth. While being mindful of global uncertainties is essential, the prospects for continued market gains present a compelling narrative for investors.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.



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