December is likely to provide compelling opportunities for investors to continue putting new money into the market, says the CEO of one of the world’s largest independent financial advisory and asset management organizations.
deVere Group’s Nigel Green’s bullish analysis is driven by recent stock market momentum, historical trends, and the economic direction under President-elect Donald Trump.
He says: “With equities already delivering an exceptional year, and a typically strong December ahead, the stage is set for further gains.
“Wall Street has been on a remarkable run, pushing to 54 new highs throughout 2024, for example.”
The deVere CEO continues: “December is traditionally a favorable month for the markets, often characterized by strong investor activity and positive returns.
“This year, expectations remain high, and we put the probability of another positive finish at 80%, aligning with long-standing historical patterns.
“The market’s robust performance so far suggests that the momentum could carry through to year-end, creating an ideal climate for investors to put new money to work in the market.”
Investor confidence is underpinned by the belief that the incoming Trump administration’s agenda will introduce meaningful changes aimed at stimulating economic expansion.
“As fiscal policies take shape, including potential tax cuts and regulatory easing, businesses are expected to benefit from lower operational costs and increased growth opportunities.”
While concerns about protectionist trade measures persist, deVere believes that the “overall policy framework” will be conducive to long-term growth. Investors are reassessing their strategies, looking to capitalize on sectors poised to benefit from a more business-friendly environment.
With the current rally showing resilience, there is a compelling case for investors to maintain a long-term perspective and continue engaging with the market.
“The combination of historical strength, seasonal patterns, and pro-growth sentiment points to an extended window of opportunity,” says Nigel Green.
While vigilance is always necessary given global uncertainties, the potential rewards for those who stay invested and who expand their portfolios are likely to be significant. Lower regulatory hurdles and targeted fiscal initiatives are expected to enhance profitability across industries, encouraging expansion and innovation.
The deVere CEO concludes: “Taking advantage of the evident opportunities will be key. While challenges may arise, the potential for continued gains offers a compelling narrative for investors focused on building long-term wealth.
