2024 in Review: One for the History Books
How is 2025 here already? Perhaps the best place to begin this review is by looking at how the Wall Street expectations for 2024 held up to reality. As always, Bloomberg did the hard work, collating the predictions of the major players in the finance world for the year ahead back in 2023. The likes of Bank of America, Morgan Stanley, and UBS all forecasted that the S&P 500 would sit between the range of 3,500 and 5,000.
With the S&P 500 ending the year at 5,881.63, it’s clear that the juggernauts of the financial world might need to put away the crystal ball and stick to the spreadsheets. This is a story which has been repeated many times before, so as we look ahead to 2025, may the continued strength of the markets keep defying analyst expectations!
Culturally, 2024 was one for the history books. The ‘Barbenheimer’ debate was finally put to bed at the Oscars, with Oppenheimer taking home seven awards to Barbie’s single victory. In the world of music, Taylor Swift became the first billionaire artist from songs and concerts alone, following the success of her worldwide Eras tour.
Finally, 2024 was a year for the sports enthusiasts amongst us. The Paris Olympics were a spectacle and didn’t fail to leave viewers speechless. From Hodgkinson and Lee securing gold in their respective races to Murray picking up his racket for a final time, there was no shortage of heroic Team GB moments.
In this weeks blogs I will be taking a closer look at Starmer’s shaky start, what to expect from Donald Trump’s second term and explore the rather stubbornly persistent specter of inflation. As ever, if you have any questions or would like to see a specific themes covered in a future post, please click the button below: