Weekly Talking Points - US election (finally)...

Our round-up of what to expect in the coming week and the key events of last week. The US election is front and centre of market attention this week. The Fed and BoE also decide on rates, so there will be plenty of chances for markets to swing around! Our Spotlight focuses on the outstanding bull trends in the US main stock index, the S&P 500. Both the SPY (market cap) and RSP (equal weight) funds track the S&P 500 and made new all-time highs last month. Why worry? Well, that is what we, and probably most investment and wealth managers, are doing as valuations are stretched. Our Review section looks at the US economic data which shows an underlying strength still, the UK Budget and the BoJ rate decision. To read more please subscribe.