2D·

S&P 500: 16th all-time high in 2025 - despite tariffs and macro-political tensions

The S&P 500 closed at another all-time high, the 16th this year. This follows 57 all-time highs in 2024, the fifth best result of all time.

Momentum is positive: strong earnings season and high probability of interest rate cuts at the next Fed meeting in September.

What do you think? Will there be more to come by the end of the year or is that it for now with new all-time highs?

2 Comentários

trade_whisperer_1121@trade_whisperer_1121

The current "all-time highs" are only due to the weak dollar. If you convert the market capitalization of the S&P into other currencies (or e.g. gold), the S&P has still fallen YTD.
If the Fed decides to cut interest rates (which currently looks likely), the dollar would strengthen again and thus the S&P (in $) would fall.
Therefore, I do not currently expect further AZHs

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The W.@thewolfofallstreetz

@trade_whisperer_1121 Don't you think it's because of strong earnings and the prospect of interest rate cuts? Historically, interest rate cuts tend to lead to a weaker USD, not a stronger one, because lower interest rates encourage capital outflows. A weaker USD is often bullish for the S&P 500, especially for export-oriented companies.

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