KayansMarkets

S&P500 - Buy Analysis

Long
SP:SPX   S&P 500 Index
In this video, I analyse Manufacturing & Services PMI and consumer confidence data that points towards growth in the U.S Economy over the next 12 months.

Markets are continously buying the underlying shares of the companies within the S&P500 as positive corporate earnings growth in the is expected thanks to the fiscal and monetary policy support from the U.S government and central bank.

I maintain my long bias toward's buying the Index as long as our leading economic indicators point towards growth in GDP.

Kayan Kalipha
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