Plentiful, cheap, easy money from the Fed Corporate buybacks Almost daily jaw-boning from Trump, Kudlow, Clarida or some other Fed hack Trade accordingly.
look around the world, and find me another asset class, that is yielding 5.x% and is high quality as the SP500... you will find nothing even close.
The US has the best economy in the world right now. Where should investors and traders put their monies? Lots of monies in the sidelines as one money manager said on Bloomberg yesterday. Maybe, they are going in the US stockmarket?
The party, amidst a helium shortage, is coming to an end and likely not just there. https://www.iheart.com/content/2019...ortage-forcing-party-city-to-close-45-stores/
As present, more buyers than sellers And the realization that in six months most anything can be sourced outside of China.
Chinese businessmen are in the forefront of opening factories in cheaper places in Asia -Vietnam, Cambodia, Bangladesh etc, However, these places have less skilled labor than in China.
One of the characteristics of a bear market is price decline followed by sharp retracement. The trade war is going to have a global impact. When shit happen, we will see another leg down. PA