The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Bad news continues to be good news for US equities. For the first time in a long while, the S&P 500 reacted more strongly to jobless claims than to US inflation data. Initial claims jumped to their highest level since October 2021, providing further evidence of a cooling labor market. Investors' belief that this would lead to a cut in the federal funds rate pushed the broad market index to its 24th record of the year.
Dynamics of US stock indices
What matters more to the market: monetary easing by the Fed or the weakness in the US economy reflected in labor data? An MLIV Pulse survey provides the answer. Two-thirds of the 116 investors surveyed believe that the S&P 500 will continue to rise in 2025 thanks to Fed rate cuts. The key condition is that the process remains gradual. Aggressive monetary expansion would make the broad index panic over recession risks.
The main arguments from the minority "bears" on the S&P 500 were growing stagflation risks, overbought conditions in the tech sector, and the potential revival of White House protectionism through new tariffs.
Be that as it may, for now, the optimists far outnumber them. The S&P 500 continues to climb, partly thanks to increased share buybacks, which reduce the supply of equity securities. According to JP Morgan, such operations are set to expand by $600 billion in the coming years after reaching a record high of $1.5 trillion in 2025. The main driver is the return of buybacks' share of market capitalization from the current 2.6% to the pre-pandemic range of 3-4%.
Dynamics of buyback volumes by US companies
New drivers of the S&P 500 rally could include an improvement in Americans' purchasing power thanks to the "big and beautiful" tax cut law, as well as the rollback of White House tariffs following a Supreme Court decision. The Treasury calls this a catastrophe. In August alone, it collected a record $30.1 billion from import tariffs. Since the start of 2025, total collections have reached $171.9 billion, which is $96 billion more than during the same period last year.
Technically, on the daily chart of the S&P 500, a continued rally has pushed the index to the first of the two previously outlined long targets at 6,565 and 6,700. This pivot level is turning from resistance into support. As long as the broad market index trades above it, traders should maintain a focus on buying.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
