---
title: "The Federal Reserve's December interest rate meeting is approaching. Can the hot trend in the US stock market continue?"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/221776559.md"
description: "As the Federal Reserve's December interest rate meeting approaches, the market is focused on whether the U.S. stock market can maintain its momentum. Despite a rebound in U.S. non-farm payroll data, the rising unemployment rate may affect interest rate cut expectations. The S&P 500 is expected to rise about 27% in 2024, showing strong performance, but the risk of a bubble has raised concerns among investors. Analysts at DBS Bank believe that the rise in the unemployment rate is mainly due to a decrease in participation rates, and that U.S. corporate revenues and profits are both growing, with no obvious bubble in sight. It is expected that the U.S. economy will achieve a soft landing, and the impact of interest rate cuts on risk assets will be limited, suggesting an increase in defensive assets"
datetime: "2024-12-09T08:20:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/221776559.md)
  - [en](https://longbridge.com/en/news/221776559.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/221776559.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/221776559.md) | [English](https://longbridge.com/en/news/221776559.md)


# The Federal Reserve's December interest rate meeting is approaching. Can the hot trend in the US stock market continue?

The U.S. non-farm payrolls rebounded, but does the rising unemployment rate solidify the possibility of the Federal Reserve continuing to cut interest rates in December? So far in 2024, the S&P 500 Index has risen by about 27%, on track to achieve its best annual performance since 2019. After a strong rise, is there a bubble risk in the U.S. stock market? Should investors make appropriate defensive allocations? DBS Bank investment strategy analyst Deng Zhijian believes that the main reason for the rise in unemployment data is the decrease in participation rate, and there is no need to cut interest rates to stimulate employment. Sixty percent of U.S. companies have seen both revenue and profit growth, and there is no obvious bubble in the U.S. stock market. The probability of a soft landing for the U.S. economy is high, and interest rate cuts will not benefit risk assets; defensive assets must be increased

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- [S&P 500 (.SPX.US)](https://longbridge.com/zh-HK/quote/.SPX.US.md)
- [SPDR S&P 500 (SPY.US)](https://longbridge.com/zh-HK/quote/SPY.US.md)

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