Euro higher and higher has gotta stop else SP500 goes higher. . euro/spy and bonds/dollar locked and synced up nicely here. Maybe "he", "they" , want or can tolerate some inflation here.
The bullish move is all because the dollar is weakening. When the dollar goes down the stock market goes up like crazy. That is because people move their money out of cash and invest in the stocks!
Prices go up because of high demand and inflation. Price of commodities goes up Price of hard assets go up Price of product goes up, There fore company's earnings go up stock market should follow Technically Money printing causes inflation*. *(But you cant jump on the inflation wagon too fast without understanding how demand for the dollar can be a good counter measure. South America seems to be buying the dollar to remedy the fear of a weak US dollar.)