Market fastens seatbelts. S&P 500 forecast as of 08.08.2023

The higher the Treasury yield climbs, the deeper the US stock indexes fall. However, investors are selling off both stocks and bonds. Let us discuss the Forex outlook and make up an S&P 500 trading plan.

Weekly S&P 500 fundamental forecast

If you think of Berkshire Hathaway as a microcosm of the US economy, a rebound in tech stocks is a real possibility. Warren Buffett's $35.9 billion profit shocked investors so much that it allowed the S&P 500 to rise after several days of decline. However, I suppose the growth in stocks is local. The US stock market is overvalued,… Read full author’s opinion and review in blog of #LiteFinance