The AEX price has started the new week in the green. Which is remarkable, because the Bitcoin price remains in great trouble. Usually these assets move quite synchronously with each other, but that has not been the case for some time now.

AEX is a powerhouse in 2024

The year 2024 has been a fantastic year for the AEX so far. There are few assets that can match the performance of the Dutch stock market. The chart below shows how only Bitcoin and the American Nasdaq 100 have outperformed the AEX so far.

Despite the misery of the past few months, Bitcoin is still up almost 30% for the year 2024. You could almost forget that we’ve had a fantastic start.

The Nasdaq is also doing slightly better than the AEX, which is of course the result of the explosive performance of Nvidia. Although the AEX with companies like ASML is of course also profiting from the hype around artificial intelligence.

High expectations for H2 2024

Analysts’ expectations for the second half of 2024 are predominantly positive.

This is because more and more central banks have started to lower interest rates. For example, the European Central Bank (ECB) already implemented its first interest rate cut and it seems only a matter of time before the US Federal Reserve follows suit.

Inflation in America seems to be finally on its way to the desired 2.0%, which could cause interest rates to fall a bit. If we get confirmation of that this week, the markets could well start a new recovery.

Are you bullish about the second half of 2024?


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