Leonardo Ortiz Ordonez
The year 2023 brought positive trends on Wall Street, but 2024 poses uncertainties. Atlanta Federal Reserve President Raphael Bostic warns of inflation fluctuations if interest rates are cut prematurely. Simultaneously, the New York Federal Reserve's 58-year accurate recession indicator suggests a 62.94% probability of a recession by December 2024. The policy of three rate cuts adds to concerns. While history indicates overcoming recessions, current uncertainty challenges investors, emphasizing the importance of patience and adaptability in a potentially volatile year. My personal advice: invest consistently part of your money, and save part of your money to invest in detected opportunities.
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