Optimistic analysts: stocks and crypto in the upswing!

Optimistic analysts: stocks and crypto in the upswing!

In the past few weeks, the mood has stabilized in the markets, which is mainly due to lower interest rates and declining fear of inflation. Thomas Hainlin, Senior Investment Strategist at U.S. Bank Asset Management Group is optimistic and sees a promising environment for risk systems such as stocks and cryptocurrencies. The latest economic data showed that the US economy created 227,000 new jobs in November, which exceeded expectations, although the unemployment rate has slightly increased to 4.2 percent. Compared to the previous year, the consumer price index grew by 2.7 percent, while the prices for food and energy remained stable, such as finanzen.net reported.

inflation trends in Germany

In Germany, the inflation data also show a worrying development by November 2024. The consumer price index increased by 6 percent compared to the same month last year, which indicates a continued level of inflation. Analysts warn that persistent inflation could endanger the purchasing power of consumers. This could influence future measures of the ECB and limit the scope for action with regard to possible interest rate increases, since inflation in the euro zone remains a decisive topic, such as Statista

The US Federal Reserve recently reduced the key interest rate by 0.25 percentage points to stimulate the economy. Hainlin advises investors to make portfolio adjustments to benefit from the current market conditions. This is particularly relevant, since the cryptocurrency Bitcoin also recorded a significant increase in value in the same period and exceeded the $ 100,000 mark on December 5, 2024. The reasons for this increase lie in the general market stability and the expectations of a cheaper regulatory environment under the upcoming US government.