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Could this be due to the Fed announcing $60B of treasury buys per month for the next 6 months to ensure liquidity?
The Dow Is Rising Because Everything Is Coming Up Roses
The euro and the pound were surging, and the Dow was also getting a boost from earnings and positive trade headlines.
www.barrons.com
I guess that people still think the China Trade deal is moving in the right direction, that a Brexit draft agreement is "nearing", and the Fed announcement (which we already sort of knew, right?).
It probably also helps that Banks have been releasing earnings and outlooks.