Yes, probably coincidence. The market was due for some pause/consolidation. 

    Not sure. Markets went bonkers

    Posted by DigiNomad on 1st of Dec 2023 at 03:07 pm

    Not sure. Markets went bonkers and basically broke records as soon as Israel went in to Gaza, went sideways along with the ceasefire, and started back up the day it ended. I almost feel like bulls should be rooting for Hezbollah or Iran to get directly involved. It all seems like catnip for the markets.

    Probably another hidden liquidity thing. Global Govs are talking austerity and budgets out of one side of their mouths while saying that this isn't the appropriate time to think about budgets out of the other.  The largest increase / contributor in the latest hot GDP release was a massive acceleration in Gov spending...not surprisingly. 

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