Originally published by Chamber of Merchants
Dow Jones
Instead of market confusion, it appears the global market is celebrating the record high on the Dow Jones Industrial Average:
The reasoning is due to the infrastructure spending expected by the Trump administration, hence the higher copper pricing:
So… into the unknown…
On the one hand the Nasdaq 100 sells off… on the other hand the Dow Jones rallies.
Bond markets sell off, but gold is pressured even though inflation expectations are rampant.
The next few days/weeks are going to be very, very interesting indeed.