people looked up financial matters On Investopedia during the year, a few searches emerged as particularly popular.
The ten topics Investopedia readers searched for most in 2024, the finance-focused site reported at the beginning of the month.
Investopedia Editor-in-Chief Caleb Silver discussed the findings of “2024 Investopedia Terms of the Year During a recent appearance on “The Claman Countdown.”
“We look every day, we look every week and we look all year long to see what people are searching for, what the trends, terms or topics are,” he explained to host Liz Claman.
inflation According to Investopedia, ranked number 1 for the year.
Inflation rose 2.7% in November, in line with expectations
“It was at the forefront of everyone’s minds this year and it really had an impact on the election,” Silver said. “It wasn’t just the fact that people were seeing that the growth rate was slow, but things were not looking affordable to them.”
According to the Bureau of Labor Statistics, the consumer price index rose 0.3% month-on-month and 2.7% year-on-year in November, the most recent month with data available.
The second place in Investopedia’s annual list was “tariffs”.
Silver linked that topic’s presence in the ranking to presidential election,
Trump’s proposed tariffs: Which consumer products could be affected?
“So you were making the choice for a lot of people. ‘I’m not comfortable with the fact that prices are still high. On the other hand, we know that if they elect President Trump into office there will be tariffs coming our way. Will go. That’s what happened,” he explained. “The tariffs are trending very rapidly right now.”
The number 3 and number 4 spots went to “Nvidia” and “Stock Split”, respectively.
NVIDIA Its shares have seen a rise of more than 185% since the beginning of the year. It reported last month that it generated revenue of approximately $91.17 billion and net income of $50.79 billion in the first three quarters of 2024, marking huge year-over-year growth.
The chip maker also completed a highly anticipated stock split over the summer, which Investopedia reported helped contribute to the search for “stock split.”
anchor | Security | Last | Change | Change % |
---|---|---|---|---|
NVDA | Nvidia Corp. | 138.63 | +0.38 | +0.27% |
According to the site, “National Debt” took fifth place. According to the Treasury Department, the US national debt passed the $36 trillion mark last month and stood at $36.144 trillion as of December 27.
“Homeowners insurance,” “student loan forgiveness,” “high yield savings account” and “Bitcoin” ranked fifth, sixth, seventh, eighth and ninth in Investopedia’s 2024 rankings.
Speaking with Silver, Claman said it was “interesting” that the Federal Reserve was one of the top searched terms for Investopedia readers.
“People have got used to the fact federal Reserve “Interest rates were so high to control inflation, and then it became a waiting game to see when they were going to cut, whether they were going to cut,” said the editor-in-chief of Investopedia, who finally did so in September. Did.” Beyond that, beyond that, thinking about other things.”
“Moneyline Bet” placed last in Investopedia’s 10 “Terms of the Year”.
“This was the year that sports betting and betting on elections and all types of trading were destroyed together, right?” Silver told Claman. “They’ve all been cousins at the same barbecue, but this was the year that the betting odds for President were actually more correct than the actual polls. I should say the betting odds were higher than the actual polls. She was right. So people, we were looking for a moneyline bet on Trump versus Harris in the election.”
When displayed on “clammon countdown,” Silver predicted that tariffs will remain a hot topic in the coming year.
When asked if a Trump presidency would be a driver of investors’ questions in 2025, he said “100%.”
Trump’s inauguration receives huge crypto donation
“Because it looks like a risky attitude,” Silver added. “We’ve seen a rise in crypto currencies. We’ve seen a lot of stocks rise since the election, but also a less regulatory environment, less intensification. You’ve seen a lot more bargain hunting. You’ve already seen crypto What has happened in the pasture is that I think people who are not already in the market are going to come into the market and even into the crypto market,” Silver said, noting the popularity of Bitcoin among Investopedia readers in recent months. increased interest Is.
He also predicted that there would be greater interest in the capital markets in the coming year.
Trump, who won the election in November with 312 electoral votes, will officially take office on January 20 after his inauguration.