‘The Claman Countdown’ panelists Thomas Hayes and Tony Zabiegala predict Federal Reserve and market strikes heading into the brand new 12 months.
IN THIS WEEK’S EDITION, A LOOK AHEAD AT 2024
-Shares cinched some information in 2023, what’s forward for the election 12 months?
-When could the Federal Reserve start its rate cuts?
-Mortgage charges retreat from the 6% stage, serving to dwelling patrons and sellers
-Preliminary Public Choices could acquire extra momentum subsequent 12 months
-A Bitcoin ETF may very well be a sport changer for cryptocurrencies…if the SEC approves
-IRS rolls out new tax brackets for 2024
TOP STORY: STOCKS WRAP RECORD YEAR: The S&P 500 and Dow Jones Industrial Common ended the 12 months simply shy of all-time highs, and traders say 2024 may very well be equally affluent for traders…continue reading here.
S&P 500 2023: +24%
![Stocks, S&P 500](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/12/931/523/spy-3.png?ve=1&tl=1)
S&P 500 2023 (FOXBusiness.com)
VIDEO: After an awesome 2023, why 2024 could also be one other good one for U.S. shares.
FEDERAL RESERVE PREPS FOR RATE CUTS: Federal Reserve Chairman Jerome Powell gave traders an early vacation present in December; the promise of potential rate cuts in 2024, ending one of many hardest tightening cycles in historical past. Traders are eyeing the primary half of the 12 months for the beginning of an easing sample…continue reading here.
![Fed Chairman Jerome Powell speaks during a press conference](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/09/931/523/powell-17.jpg?ve=1&tl=1)
Federal Reserve Chairman Jerome Powell speaks throughout a information convention after a Federal Open Market Committee assembly. ((Picture by Chip Somodevilla/Getty Pictures) / Getty Pictures)
VIDEO: Will the Fed be much more aggressive with rate cuts?
MORTGAGE RATES KEEP RETREATING?: Mortgage charges have already began retreating with the 30-year fastened rate falling to six.61% to spherical out December and the development is predicted to proceed subsequent 12 months. MBS Freeway founder and CEO Barry Habib says the advantages might come as early as the favored spring promoting season for dwelling patrons and sellers…continue reading here.
![Mortgage Rates, Freddie Mac](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/12/931/523/spy-2.png?ve=1&tl=1)
Mortgage charges by way of 12/28/23. (Freddie Mac )
VIDEO: How dwelling patrons and sellers can profit from falling mortgage charges in 2024.
BITCOIN ETF COMING IN 2024?: Bitcoin has gained over 153% this 12 months, making it one of many top-performing asset lessons of 2023, and there’s cause to consider the Securities and Alternate Fee is near approving the primary spot Bitcoin ETF in early 2024, which might ship the cryptocurrency to new highs…continue reading here.
VIDEO: Why a Bitcoin alternate traded fund is within the playing cards for 2024, and what to find out about a key date in January.
![Bitcoin](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/12/931/523/7283ad73-COIN.png?ve=1&tl=1)
Bitcoin by way of 12/29/23 (FOXBusiness.com)
LIVE: CRYPTO PRICES ON FOXBUSINESS.COM
IPOs KEEP REBOUNDING: With the Federal Reserve signaling rate cuts in 2024, the marketplace for preliminary public choices might proceed to enhance. There have been 108 U.S. IPOs priced in 2023, in line with Renaissance Capital, elevating over $19 billion. Whereas that’s up from over $7 billion in 2022, it stays nicely beneath the $142 billion seen in 2021.
![IPOs, SpaceX](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/12/931/523/dd9c20ee-spy.png?ve=1&tl=1)
U.S. IPO Market. (Renaissance Capital.)
As traders look forward, preserve tabs on Chinese language trend home Shein and monetary providers agency Stripe. However there may very well be much more excessive profile names resembling OpenAI and Elon Musk’s SpaceX, which simply noticed a profitable launch the Thursday earlier than New 12 months’s…continue reading here.
VIDEO: Hottest IPOs coming in 2024 as forecasted by Constellation Analysis’s Ray Wang.
![SpaceX, Elon Musk](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/06/931/523/Elon-musk-fires-SpaceX-Employee.jpg?ve=1&tl=1)
Elon Musk’s SpaceX (Picture by Aubrey Gemignani/NASA by way of Getty Pictures / Getty Pictures)
NVIDIA LEADS TOP STOCKS FOR 2023: Nvidia rode burgeoning demand for AI, which helped drive the inventory to new highs making it one of many S&P 500’s prime giant cap performers…continue reading here.
![NVIDIA](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/03/931/523/USA-CHINA-AI-NVIDIA-e1679515481240.jpg?ve=1&tl=1)
The brand of Nvidia Company. (REUTERS/Tyrone Siu. / Reuters Photographs)
Nvidia registered a gain of over 239% in 2023.
Nvidia Shares 2023: +239%
![Nvidia shares, stock](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/12/931/523/bcb2b1ea-COIN.png?ve=1&tl=1)
Nvidia shares YTD (FOXBusiness.com)
APPLE HEADED TO $4 TRILLION?: Apple traders celebrated one other 12 months of a document share value, advancing 48% for 2023 and closing simply on the $3 trillion market cap mark.
VIDEO: The bull case for Apple traders in 2024.
APPLE SHARES 2023: +48%
![Apple Shares, Stock](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/12/931/523/c79e8138-COIN.png?ve=1&tl=1)
Apple Shares YTD 2023 (FOXBusiness.com )
Regardless of some headwinds with muted quarterly gross sales, many consider that CEO Tim Prepare dinner can proceed to ship…more Apple coverage here.
![Apple iPhone On Sale Tim Cook](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/09/931/523/Apple1.jpg?ve=1&tl=1)
Apple CEO Tim Prepare dinner on the Fifth Avenue Apple Retailer. (Picture by Alexi Rosenfeld/Getty Pictures). / Getty Pictures)
IRS TAX BRACKETS FOR 2024: Tax time might be right here earlier than you recognize it, and the IRS has adjusted tax brackets for the approaching 12 months, discover out the place you stand…continue reading here.
![IRS 1040 W-2 forms](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/01/931/523/1040-tax-forms.jpg?ve=1&tl=1)
Varieties 1040 and W-2 from the Inside Income Service. (iStock. / iStock)
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