Even though the US is in the middle of a presidential campaign and a possible impeachment to President Trump, the S&P 500 index reached an all-time high this month. Many companies with better than expected financial results included Google, Apple, Tesla, Facebook, Coca-Cola and Microsoft -trading at record high. Meanwhile, Amazon, McDonalds´s and specially Twitter, among others, disappointed investors.
All in all, the US economy has been resilient to headwinds. Investors in US stocks can’t ask for more: low interest rates (and possibly going lower), record low unemployment, no inflation, corporate record earnings, and strong GDP. When does this party end?
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