Gold: S&P 500 Stirs The Pot – Investing.com
- Date: 23-Oct-2021
- Source: Investing.com
- Sector:Oil & Gas
- Country:Middle East
Gold: S&P 500 Stirs The Pot – Investing.com
With the back at its all-time highs, stopped lagging behind. However, how long can this unsustainable growth last?
The FOMO Rally
While the S&P 500 has demonstrated a resounding ability to shake off bad news, an epic divergence has developed between positioning and economic expectations. And while ‘fear of missing out’ (FOMO) keeps sentiment near the high-end of its range, Q3 GDP growth is projected near the low-end of its range.
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