CNBC: Market Confidence in Year-End Rally Grows Amid Cautious Optimism

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

Citing BlockBeats, CNBC reported on December 3 that despite a rocky start to December, the market remains driven to reverse the turbulence seen in November. Bitcoin has recovered some recent losses, while U.S. tech stocks rose on Tuesday, helping the broader market rebound from a previous pullback. Investors' willingness to take on risk appears intact, with the CME FedWatch indicating an 89.2% probability of a 25-basis-point rate cut at the Fed's December 10 meeting, up sharply from a 50-50 chance a month ago. Doug Beath of Wells Fargo Investment Institute noted that, absent surprises, the market is refocusing on fundamentals, including stronger-than-expected Q4 and 2026 earnings forecasts, and looking past current economic weakness to anticipate growth later in 2026.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.