S&P 500 y Nasdaq: la TRAMPA del +20% en 2026

📝 Here are some alternative brokers: ✅ Trade Republic: https://www.rankia.com/redirections/9... ✅ Degiro: https://www.rankia.com/redirections/1... 🔗 Check out brokers based on your country here: https://www.rankia.com/blog/de-cero-a... Why is your indexed portfolio flat if the Nasdaq is up more than 20% and the S&P 500 is nearing [a certain level]? 10% by 2026? In this video, we analyze the reality behind the macroeconomic data and discover why the current market rally is much more fragile than the headlines suggest. We examine the impact of real liquidity and the behavior of the semiconductor sector. The annual snapshot of the financial market can lead to misleading conclusions. A substantial portion of the S&P 500 and Nasdaq 100's performance has been concentrated in just a few key sessions, closely linked to geopolitical volatility and the so-called TACO effect (Trump Always Chickens Out). If an investor experiences a market shutdown on those specific days, their annual return changes completely, unlike the progressive trend observed in the 2023, 2024, and 2025 periods. Topics: 0:00 – The paradox of indexed portfolios in 2026 1:15 – The TACO effect and the 13 sessions that decide the year 3:04 – Market comparison: Is this growth the same as in 2023-2025? 4:38 – First force: The US Liquidity Index and the Fed's balance sheet 6:20 – The end of the financial cushion: Treasury and Money Market Funds 7:55 – Second force: Kevin Warsh, 4.2% inflation, and interest rates 9:40 – Sector rotation: The rise of semiconductors 11:12 – The cost of AI: Billion-dollar investment and debt risks Disclaimer: This video is purely informational and does not constitute a buy or sell recommendation. We recommend that you educate yourself before investing.