- 25 November 2022
- Posted by: Federica Montella
- Category: Investing
Some asset managers believe that the recent run will continue
US stocks slowly recovered in October and November.
The S&P 500 index has gained 13 per cent from its recent low point before US markets closed for Thanksgiving, yesterday.
The recent gains from October and the current prices show us that we are probably in front of the first 2 consecutive gains since 2021.
After the release of the November meeting minutes, stocks rose because the Fed does not necessarily need to rise interest rates as much as forecasted.
On the other end, many economists are predicting an economic slowdown that will impact corporate profits.
There is a difference between the short-term vision and the long-term one, in fact, many investors see that the bull run has time ahead while in the long term they remain cautious.
Federica Montella
eToro Popular Investor
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