Snippet comments from CIB on investors piling into stocks:

  • “Investor optimism had been driven by the belief there would be aggressive rate cuts by the Fed
  • Now investor belief has pivoted to view the economy as bullet-proof.
  • No matter how high interest rates go, the economy will continue to glide right through.”

US stocks headline, rinse and repeat:

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Anyway, apart from wondering how much higher the uber bull takes equities, the other reason to post these comments: