The Election Aftermath
The US Presidential result will shape the world. Here's my perspective on what we can expect.
SP500 hits all time record intraday high ahead of CPI Print
Despite the threat of CPI hovering over the US markets and notably hawkish minutes from The Fed (more divided over the scale of cuts than previously thought), which dragged rate-cut expectations lower still the S&P 500 hit another all-time intraday record high today and is now experiencing the strongest YTD performance of the 21st century.
But the US mkt isn't cheap...
Neither is the SP500...
Happy Thursday!
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