Market Update 12-07-24

‍

Happy Friday everyone! 👋

‍

We’re back with our Friday newsletter to keep talking about investment in alternative assets, what we’ve been working at Lympid 📰

‍

Fact for the week 🤔:

💰 First of all, what’s that thing of “alternative investment assets”? Simply said, it’s all investment assets beyond traditional stocks and bonds. As CNN disclosed this category includes real estate, commodities, watches, art, whiskey or collectibles being all forms of alternative investments. At Lympid we go even beyond with the exciting world of competition horses and handbags. 🤝

‍

Onto this week’s updates 🚦

‍

🔴 Falling Watch Prices 📉

Recent price performance on Rolex and Patek Philippe watches have been falling behind stocks lately, and the market presents several reasons for this, including decreased overall liquidity or the crypto crash from past years. It’s no secret that higher liquidity drives asset prices higher too, but also the falling of crypto millionaires that represented increased demand for these premium assets is to blame. No fear though, the Yellow and Green Light below might change your mind. 👀
‍

🟡 Gen Z Investments ⌚️

The trend has started with Millennials and is gaining momentum with Gen Z. Bank of America reported that these generations are increasingly shifting their investments from traditional assets to watches, sneakers, whiskey, art or rare cars. The study found 72% of those under 43 are skeptical about only investing in stocks or bonds, giving preference to having alternative investments assets in their portfolio. And we all know what happens when demand rises. 📈
‍

🟢 Tide is Turning 🌊

 No news that when it comes to economics or finance, the US market is the primary influence on all others. And this week we had good news, inflation is coming down and investors are now confident in the central bank's interest rate cut for September. And why does this matter? Lower interest rates increase liquidity, creating a favorable environment for overall investments - other than bonds. This new phase is likely to boost demand for luxury goods too, leading to price appreciation as we’ve historically seen in similar times. 🐳

‍

🎬  Overall market feeling has become more positive lately, with investors expecting good times ahead. Crypto investors, despite still suffering, can also be hopeful as interest rate cuts have meant big returns for crypto.

‍

You can always find us at lympid.io ✅

‍

Lympid: Revolutionizing investments for everyone.
‍

Talk next week 👋

‍