Monday 4 December 2017

US indexes with new records

At the end of the week, US indices rose to new record highs. The Dow Index passed the 24,000 limit for the first time in its history on Thursday when the market was opened.
A new historical maximum of more than 2,650 points has marked the other major US index - the broad S&P 500. Apparently nothing can stop the US indices on their way up...
Now the question is whether the experts' forecasts for growth of the broad index to 2,800 points for the next year are not too conservative. This level appears to be getting closer and far from a distance of 10% from the current values ​​of the indicator.
It is entirely possible that the indicator growth will continue until the end of the year, especially when the tax reform is announced. Apparently, the strategy to delay the announcement of this reform has been positive, as investors wait to buy US stocks and indices while they wait.


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