Reported 8 months ago
In the first half of 2024, global financial markets experienced a strong bullish trend, with investors worldwide awaiting the return of the bulls and the timing of interest rate cuts. First Fund Trust pointed out that there is a slight disparity in monetary policy pace among countries, with the European Central Bank and the Bank of Canada initiating rate cuts while the US Federal Open Market Committee (FOMC) maintains rates unchanged. With the US economy showing signs of slowing down and inflation decreasing, a rate cut in September is expected. Their third-quarter investment strategy recommends embracing a lenient environment to expand the fund market, benefitting from stable income by holding onto bonds and infrastructure stocks while looking for growth in AI innovation trends. They also suggest seizing opportunities in defense income stocks and long-term assets, especially in core assets such as high-grade bonds, as global demand for AI surges.
Source: YAHOO