Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.
What’s in Store in 2024? Stock Markets, Property and Gold
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:16:12
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Sinopsis
What’s in Store in 2024? Stock Markets, Property and Gold. Reflection on 2023 Inflation got into double figures, and then come down again last week to 3.9%, Are we heading into recession in 2024? Watch full video on Money Tips Podcast YouTube Channel https://youtu.be/difmr0fp5-Q Mortgage rates reached 6% and 7% forcing millions into arrears which are 40% up on the previous year. Mortgage rates have since come down to just over 4% for a fixed rate as lender’s business dries up. Property prices have fallen in some areas by up to 20%. Domestic rents have reached record levels, while the commercial sector is struggling. Gold broke through the $2000 ceiling and reached over $2100 at one point before falling back, as people sought a safe haven for their money. What’s in store for 24? When will the Bank of England finally start cutting interest rates? Will the UK officially enter a technical recession after negative growth in the third quarter of 2023? For how long will house price