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Is 2024 the year your investments crumble?

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2024 is on the horizon, and according to a prominent economist, it’s gearing up to be the most tumultuous year for financial markets in our lifetime. I

This expert is advising people to steer clear of their financial advisers. Brace yourselves for what could be an unprecedented rollercoaster ride in the world of investments.

Economist Extraordinaire, Dr. Cassandra Wise, is sounding the alarm bells, dubbing 2024 as the ‘biggest single crash year in our lifetimes.’ Her unconventional advice? “Do not listen to your financial adviser.”

Dr. Wise, known for her uncanny ability to predict economic trends, believes that traditional investment strategies may not hold up in the face of the impending storm.

With the specter of a financial crisis looming, many are left wondering whether they should heed Dr. Wise’s warning or stick with their trusted financial advisors. As the debate rages on, experts and investors alike are scrambling to make sense of the economic puzzle that could reshape fortunes and futures.

Will 2024 be the year when conventional wisdom is upended, leaving investors to fend for themselves?

As we enter this uncertain territory, it’s essential to consider the potential ramifications of Dr. Wise’s bold prediction. Is she onto something that the experts have overlooked, or is this a moment of sensationalism in the financial world?

Buckle up, because 2024 may be a year that forces us to reevaluate our investment strategies and redefine what it means to safeguard our financial future.

Money

Stocks tumble amid AI concerns and Trump tariff update

Dow drops 800+ points as AI and trade worries hit tech and retail stocks; bonds rise amid market volatility.

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Dow drops 800+ points as AI and trade worries hit tech and retail stocks; bonds rise amid market volatility.

Stocks plunged sharply as concerns over artificial intelligence and trade tensions rattled investors, sending the Dow down more than 800 points. Heavyweights like American Express, Goldman Sachs, and JPMorgan were key contributors to the drop.

Software companies were hit particularly hard after a report suggested AI could impact economic growth, triggering further losses across tech shares.

Trade-sensitive retailers including American Eagle Outfitters, Ralph Lauren, and Yeti Holdings also faced setbacks as market uncertainty spiked. Bonds, meanwhile, rallied as investors sought safety in a volatile market.

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U.S. investors flee stock market for global opportunities

U.S. investors withdrew $75 billion from stocks in six months, fastest in 16 years, with $52 billion in 2026 alone.

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U.S. investors withdrew $75 billion from stocks in six months, fastest in 16 years, with $52 billion in 2026 alone.

U.S. investors are withdrawing money from domestic stocks at the fastest rate in 16 years, with $75 billion leaving equity products over the past six months. The trend accelerated in 2026, with $52 billion pulled from Wall Street so far.

Concerns over AI risks and weaker performance at home are prompting investors to look abroad, even though a softer dollar makes foreign investments more expensive. Emerging markets are seeing inflows at the fastest pace in five years, according to Bank of America.

As global opportunities become more attractive, many U.S. investors are now evaluating overseas markets for growth potential.

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US dollar strength hits NZ dollar amid FX market shifts

US dollar rises amid strong US growth; New Zealand faces pressure as traders navigate volatile FX and geopolitical impacts.

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US dollar rises amid strong US growth; New Zealand faces pressure as traders navigate volatile FX and geopolitical impacts.


The US dollar is surging as strong economic growth in the United States contrasts with softer conditions in New Zealand. Policy divergence and complex global FX factors are putting pressure on the New Zealand dollar, leaving traders navigating choppy waters.

Steve Gopalan from SkandaFX breaks down how US interest rates are influencing key currency pairs like USD/JPY, and explains why hedging flows are crucial in today’s volatile environment.

We also explore the ripple effects of geopolitical tensions on oil and broader markets, while examining the Australian labour market’s role in shaping the Reserve Bank of Australia’s monetary policy.

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