David Nelson, Chief Strategist at Bell Point, talks about the important topics to focus on in the new year regarding how to make money.
People searched for many financial topics on Investopedia throughout the year, and some of the searches were particularly popular.
The finance-focused site reported earlier this month that 10 topics stood out as the most searched topics for 2024 by Investopedia readers.
Investopedia Editor-in-Chief Caleb Silver said:Investopedia Annual Terms for 2024During a recent appearance on 'The Craman Countdown'.
Investopedia Editor-in-Chief Caleb Silver looks at the top stocks heading into the new year in “The Claman Countdown.”
“We look at what people are searching for, what trends, terms, topics, every day, every week, and all year long,” he explained to host Liz Claman.
According to Investopedia, inflation was the highest of the year.
Inflation rose 2.7% in November, as expected
“That's been top of mind for everyone this year, and it really showed in the election,” Silver said. “It wasn't just the fact that people were noticing that the growth rate was slowing, but things didn't feel cheap to them.”
According to the Bureau of Labor Statistics, the consumer price index rose 0.3% from the previous month and 2.7% from the same month last year in November, the most recent month for which data is available.
Second on Investopedia's annual list was “tariffs.”
Silver linked the topic's placement in the rankings to the presidential election.
President Trump's proposed tariffs: What consumer products could be affected?
“So you've forced a lot of people to make a choice: 'We're not happy with the fact that prices are still high. On the other hand, if President Trump is elected president, we're not going to impose tariffs. I know.’ That’s what happened,” he explained. “Tariffs are trending very steep right now.”
3rd place was “NVIDIA'' and 4th place was “stock split.''
Jensen Huang, co-founder and CEO of Nvidia Corp., touts his company's AI accelerator chips for data centers. (Akio Kon/Bloomberg via Getty Images/Getty Images)
Nvidia stock has increased more than 185% since the beginning of the year. The company reported last month that it generated nearly $91.17 billion in revenue and $50.79 billion in net income in the first three quarters of 2024, marking a significant year-over-year increase.
The company also completed a long-awaited stock split over the summer, which contributed to searches for “stock split,” Investopedia reported.
| ticker | safety | last | change | change % |
|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 138.63 | +0.38 |
+0.27% |
According to the site, “national debt'' ranked fifth. According to the Treasury Department, the U.S. national debt surpassed the $36 trillion mark last month and stood at $36.144 trillion as of Dec. 27.
Investopedia's 2024 rankings rank 5th, 6th, 7th, 8th, and 9th for “homeowners insurance,” “student loan forgiveness,” “high-yield savings accounts,” and “Bitcoin.” did.
Bitcoin soared 10% amid the Silicon Valley Bank collapse. ((Photo credit: KAREN BLEIER/AFP via Getty Images) / Getty Images)
During his conversation with Silver, Claman said it was “interesting” that the Federal Reserve actually appeared at the top of Investopedia readers' searches.
Federal Reserve System – Central Bank (license/image)
“People got used to the fact that the Federal Reserve was setting very high interest rates to keep inflation down, and then it became a waiting game of when they were going to cut rates or not, and they finally did in September. Investopedia reported. said the editor-in-chief. “People were thinking beyond that, beyond that, and thinking about other things.”
“Moneyline Betting” took the final spot on Investopedia’s 10 “Conditions of the Year.”
“This year was a year where sports betting, election betting and trading all came together, right?” Silver told Claman. “They've all been to the same barbecues as cousins, but this was the year that the presidential betting polls were more accurate than the actual polls; the betting odds were more accurate than the actual polls. I guess you're right. That's why people were looking at Moneyline because they can bet moneyline on Trump vs. Harris.”
During an appearance on “Craman Countdown,” Silver predicted that tariffs will continue to be a big topic next year.
When asked whether President Trump's inauguration would raise investor doubts in 2025, he answered “100%.”
NEW YORK, NEW YORK – DECEMBER 12: President-elect Donald Trump rings the opening bell on the trading floor of the New York Stock Exchange (NYSE) on December 12, 2024 in New York City. Trump was invited to the exchange after being named one of Time magazine's “People of the World” (Spencer Pratt/Getty Images/Getty Images)
President Trump's inauguration brings in huge amounts of virtual currency donations
“Because it looks like a risk-on attitude,” Silver continued. “We’ve seen a rally in cryptocurrencies, we’ve seen a lot of stock rally since the election, but the regulatory environment has also eased and it’s less intense. There are more trades happening. We've already seen what's going on in the crypto market, people who haven't been in the market yet will come into the crypto market,” Silver said. He noted that interest in Bitcoin has increased among Investopedia readers in recent months.
He also predicted increased interest across capital markets next year.
Trump won the November election with 312 electoral votes and is scheduled to officially take office on January 20th.
