1. S&P 500 rose to 6,870.40, just 0.3% below record highs. 2. Expect a 25 basis point Fed rate cut on Dec. 10. 3. BofA predicts $45 billion monthly in Treasury purchases from January. 4. Credit spreads are low; investors show confidence in the market. 5. S&P 500 has seen a 73% rise over the last three years.
FAQ
Why Bullish?
Anticipated Fed rate cuts and reserve purchases generally boost stocks. Historical precedent shows rate cuts typically lead to market rallies.
How important is it?
Expectations of rate cuts and reserve purchases are highly relevant to S&P 500 dynamics.
Why Short Term?
Upcoming policy decisions and rate cuts have immediate market implications, with potential for rapid stock movement.