What’s in store in 2024? - Stock Markets, Property and Gold

What’s in Store in 2024? Stock Markets, Property and Gold.

 

Reflection on 2023

 

Inflation got into double figures, and then come down again last week to 3.9%,

 

Are we heading into recession in 2024?

 

Mortgage rates reached 6% and  7% forcing millions into arrears which are 40% up on the previous year. 

 

Mortgage rates have since come down to just over 4% for a fixed rate as lender’s business dries up. 

 

Property prices have fallen in some areas by up to 20%.

 

Domestic rents have reached record levels, while the commercial sector is struggling.

 

Gold broke through the $2000 ceiling and reached over $2100 at one point before falling back, as people sought a safe haven for their money.

 

What’s in store for 24?

 

When will the Bank of England finally start cutting interest rates?

 

Will the UK officially enter a technical recession after negative growth in the third quarter of 2023?

 

For how long will house prices continue to slide?

 

When will the stock market finally crash?

 

How high will Gold prices rise?

 

For a free gold, investment report, and Discovery Call, click here.

 

Wishing you a very Merry Christmas and a prosperous New Year. 

 

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