2024 promises to be a lucrative year in the stock market for many reasons. First of all, the Federal Reserve is on track to begin easing off in its efforts to cool an overheated economy. Interest rates are set to decrease with multiple projected cuts on the horizon.
Beyond that though, the world continues to evolve at a rapid pace with multiple megatrends promising to galvanize strong growth. Perhaps none is more salient and influential than artificial intelligence. However there are many other trends to consider including sustainability, mobility, demographics, geopolitics and more. The biggest trends, the so-called megatrends, are particularly worth paying attention to.
This post originally appeared at InvestorPlace.