The following is a guest blog post:
Nothing is ever truly constant in life; trends come and go, but the world keeps on spinning. The same principle applies to the stock market. As of late, it has been surging in popularity, with plenty of investors looking to secure a piece of the pie for themselves. Sometimes, even the subtlest of things can influence the market in a significant way, yielding short-term or long-term effects, so today, we’re going to briefly examine 5 causes that likely played a part in it:
1. North Korean threats seem to be submerging
When the North Korea was playing around with nuclear missiles, the threats had a short-term effect on the stock market. Although the potential threat of nuclear attacks seems to keep being somewhat a distraction, the market is no longer being affected by the perceived instability.
2. Trump is stabilizing in his presidential role
When Trump first entered the White House as the US president, he displayed all sorts of ambitious plans and had some rather revolutionary reforms in mind. This led to quite a bit of uncertainty in the market, because the people were finding it hard to discern what the future had in store for them and their investments at the time. Over the course of time, he abandoned his overzealous stance and started making compromises in order to get deals done. Due to this, the stock market has become more stable.
3. Cryptocurrencies have become mainstream
Just a decade ago, only the nerdiest of blockchain enthusiasts were aware of Bitcoin, but now, you could probably ask a random person on the street, and chances are they’d be familiar with the term. Cryptocurrencies, just like regular stocks, go up and down in value, so the concept of picking just the right time to jump in and potentially doubling or even tripling your investment has sparkled an interest in people’s hearts.
4. Europe is slowly digging its way out of the financial crisis
When the financial crisis showed its teeth, the whole Europe was impacted by it, particularly the countries with weaker economies like Spain, Greece, and Portugal. The consequences were devastating and many people lost their jobs. But now, thanks to all the structural reforms, the European economy is slowly getting back on its feet, which means the people are once again able to afford investing some money into stocks.
5. Stock trading is getting easier to get into
As the worldwide web keeps evolving, stock trading websites are becoming more accessible and easier to use, so everyone can become a stock trader if they so choose. Furthermore, websites like Commodity.com are letting you in on everything you need to know about making profitable stock market decisions, as well as how to identify the best stock broker platforms. With knowledge being available at the push of a button and the technology becoming ever more user-friendly, people all around the world are building up the courage to give it a shot.
Stock trading is no longer exclusive to economists and tech junkies. You, too, can participate in the action, as long as you’re willing to invest some energy in getting the needed education and learning the ropes. Who knows, you might end up becoming the next stock market millionaire!