The S&P 500 index (SPX) tracks the performance of 500 of the largest companies listed on US exchanges, such as the New York Stock Exchange (NYSE) and Nasdaq. The S&P 500, also known as the US 500, can be used as a live indicator for the strength of US equities. Follow the S&P 500 price using the real-time chart and stay up to date with the latest S&P 500 forecast, news and analysis articles.
While the balance sheet did not set higher highs
US initial jobless claims fell to their lowest since the middle of March
If you invert jobless claims, it set a higher high alongside #SP500
#FoodForThought ahead of the weekend, and have a good one!
Another week of divergence between the #SP500 and the #Fed balance sheet
S&P 500 +2.45% vs +1.74% prior
B/S -0.06% vs -0.23% prior
Focus may have lately been shifted to US fiscal stimulus hopes which all eyes are on this weekend and next week possibly
Read a headline that rankled me this morning that markets aren't pricing in a vaccine. We have at the very least suffered a historically fast and sharp economic contraction where at least some of the damage is permanent. And $SPX is a sneeze away (pun intended) from a record...
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