• Setting our sights on the trends ahead
  • Thank you for joining us on our journey
  • Wishing you a happy and profitable new year

2024 begins with the FTSE 100 in much the same place it was in 2017, 2018, 2019 and 2022. But for the pandemic, you’d be forgiven for thinking that not much has happened in the last six years…

Koyfin chart of FTSE 100 going back to late 2016

Source: Koyfin

But you’d be very wrong. Vast trends and trades are taking place under the surface. There’s a lot of money to be made and some to be lost, inevitably.

Our stance that passive investing will get you nowhere slowly has certainly proven to be true. But how can you hope to outperform that? That’s the task that we set ourselves each day.

Last year, our team anticipated the nuclear renaissance that is gathering steam, the AI boom that fuelled the US market higher, the geopolitical crises that burst onto the scene as the world challenges Pax Americana and much more.

This year, rumour has it, we’ll be setting our sights on a growing list of new trends…

  • The unsustainable levels of debt that the world is now mired in, with interest rates to make it count at last.
  • The threat of a Labour government to your finances, the value of the companies you invest in and the government’s own financial stability.
  • The revival of the cryptocurrency phoenix from the burning ashes of scandal and regulatory crackdowns.
  • The fate of the energy transition and its favourite metals.

It’s going to be a year of threats and opportunities – whatever the FTSE 100 might tell you happened this time next year.

I want to thank you for joining us on that journey as we chalk up the first day of returns in 2024.

We wish you a happy and profitable new year!

Until next time,

Paolo Cabrelli
Publisher, Fortune & Freedom