The recent weakness in the SP5

2023-12-22

The recent weakness in the SP500 might be primarily driven by profit taking after a impressive run that lasted several weeks. No major news in term of economic data, political events could be attributed to the drop. We expect the strong performance in the SP500 to continue despite headwinds such as geopolitical challenges, inflation and a slowing economy, primarily due to the dovish signals from the Federal Reserve.

How will S&P close at the end of 2023?

S&P 500 dived on Wednesday but then rebound on Thursday. Some believe the expected correction has finally arrived. Others say vacation starts tomorrow and all the traders liquidated their positions. ------------------------ How will S&P close at the end of 2023? A short-term correction or a santa rally?

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