Gold’s Rally Expected to Slow in 2025 According to the World Gold Council (WGC), gold prices are projected to grow at a slower pace in 2025 following a record-breaking rally this year. As reported by Bloomberg on December 12, 2024, the price of gold has reached historic highs due to inflation concerns, geopolitical tensions, and robust investor demand. However, the WGC anticipates that as global economic conditions stabilize, the rapid growth seen in 2024 will moderate. Gold is likely to remain a key asset for diversification, but its price trajectory is expected to reflect more measured gains moving forward.
Bitcoin as a Portfolio Allocation: BlackRock’s Take In a notable statement from BlackRock, the world's largest asset manager, the company suggested that allocating up to 2% of a portfolio to Bitcoin (BTC) is within a “reasonable range.” Bloomberg highlighted this sentiment on December 12, 2024, as a reflection of the growing institutional acceptance of cryptocurrencies. BlackRock emphasized that Bitcoin’s role as a hedge against economic uncertainties and its potential for high returns make it an attractive, albeit volatile, investment. However, the firm also warned against overexposure due to the cryptocurrency’s inherent risks.
Trump’s Corporate Tax Proposal Former U.S. President Donald Trump has proposed reducing the corporate tax rate to 15%, a move aimed at stimulating economic growth and business investment. This announcement signals a continuation of Trump’s economic strategy to make the United States more competitive in the global market. Critics argue that such a reduction could exacerbate budget deficits, but proponents highlight the potential benefits for businesses and job creation. Today, December 12, 2024, Trump opened the trading session at the New York Stock Exchange (NYSE), ringing the bell to the cheers of "USA!" from Wall Street CEOs and business leaders. The event highlighted Trump’s ongoing influence in financial and political spheres, as his proposed tax reforms aim to align with broader goals of economic stimulation and corporate growth.
Conclusion These developments underscore the dynamic interplay between economic policies, market trends, and investment strategies. As gold’s rally slows, Bitcoin’s institutional acceptance grows, and tax reforms are debated, investors and policymakers alike face crucial decisions in navigating an evolving financial landscape.
Source: Stockburger news
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