The S&P 500 Just Did Something It’s Only Done 3 Times Before. Why Trump’s AI Rally Is in Danger

ملخص

The S&P 500 has reached an all-time high, extending its rally by nearly 50% since April 2025, driven by President Trump's tax cuts and pro-business policies. However, the article suggests this rally may be in danger. The S&P 500's achievement is rare, having only occurred three times before.

تأثير السوق

The S&P 500's all-time high could lead to a short-term pullback due to overbought conditions, potentially affecting other US equity indices and sectors. This may also have cross-market reflections, such as influencing investor sentiment towards other risk assets like cryptocurrencies or commodities.

Key Drivers

• President Trump's tax cuts
• pro-business policies
• rare S&P 500 achievement

Risks

• overbought conditions leading to a pullback
• potential reversal of Trump's policies

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