SPDR S&P 500 ETF TRUST
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Nothing bad happend

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The US markets fell sharply today. The S&P500 lost almost 2%. Many investors, especially on social media, are wondering whether the “Trump Rally” is now over. I think this is extremely unlikely. As is so often the case, markets tend to exaggerate, both upwards and downwards.

The price slide was triggered by news from China. Th SPY ere, the start-up “DeepSeek” has announced that it has AI models that work just as well as their US counterparts at a much lower price and with less data.

This will certainly not have a lasting impact, but it should make us aware that the AI party will be over at some point.

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