Overview

• The DAX rose nearly 20% in 2024, while the S&P 500 saw an even greater increase of 25%, fueled by strong economic performance and enthusiasm for artificial intelligence technologies.
• Bitcoin surpassed $100,000, and gold reached record highs near $3,000 per ounce, reflecting both investor optimism and geopolitical uncertainty.
• Donald Trump’s election victory in the U.S. contributed to market rallies, but concerns linger over potential inflation and trade policies under his administration.
• While major indices thrived, smaller stocks and mid-cap indices like the M-DAX lagged, highlighting a concentration of investments in large-cap companies.
• Analysts predict a more turbulent 2025 for global markets, with geopolitical tensions, U.S. policy shifts, and China's economic challenges likely to shape investor sentiment.