S&P 500 WEEKLY OUTLOOK: SLIGHTLY BULLISH TO NEUTRAL
- S&P 500 and Nasdaq 100 may have room to recover in the coming days and weeks
- U.S. economic resilience and slowing inflationary pressures should be supportive of risk assets
- Traders should watch how Fed monetary policy expectations evolve for further guidance on the outlook
Most Read: US Dollar Maintains Bullish Bias as Economic Resilience Gives Fed No Reason to Pivot
After the August sell-off, U.S. stocks have begun to perk up in September (at least through Friday morning before the long weekend), although negative seasonal factors associated with the last month of summer may complicate the rebound attempt. In any case, it is important to underscore that there are encouraging developments that could still support risk assets and limit further downward movements heading into the latter part of the year. For instance, the economy is holding up incredibly well despite numerous…
