1. The author reiterates a buy recommendation for US index-tracking assets, citing strong market performance and rising expectations for interest rate cuts; 2. US stocks have outperformed gold since 2008, supported by earnings growth, low sovereign risk, and falling oil prices; 3. Despite risks like election cycles and high valuations, the S&P 500 target of 7,095 points reflects confidence in the US market's resilience and growth potential.