Poll results: S&P500 to keep rising - Our latest Livewire Poll shows that a majority of respondents believe the S&P500 is set to keep rising. When asked which direction the S&P500 is heading in the next 6 months, 71.4% of respondents anticipate the index will continue to rally. However, respondents are equally divided as to whether US equities are potentially under or overvalued. On the other hand, those that expect the index to fall and believe it to be overvalued accounted for 14.3% - the same proportion of respondents who believe the index would stay flat in the next 6 months. So, although US equities have sustained an impressive rally year-to-date, it is nevertheless anticipated that the S&P500 will continue to grow in the next 6 months.
Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
No areas of expertise