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Stocks keep hitting new highs yet one of those markets which is doing just that also proves that it can't be because of the economy. This one leaves little doubt especially as so many other markets pile on with their views (not even talking bonds here). Stocks are buying a 'liquidity' story, not actual real world fundamentals.
Eurodollar University's Money & Macro Analysis
Magnificent 7 Concentration
https://www.investopedia.com/magnificent-7-stocks-overcrowding-8576644
CNN Germany’s stock market just hit a new record high despite a faltering economy. What gives?
https://www.cnn.com/2023/12/06/investing/german-stock-market-dax-record-high/index.html
Investopedia DAX
https://www.investopedia.com/terms/d/dax.asp
BloombergNEF Copper Prices May Jump 20% by 2027 as Supply Deficit Rises
https://about.bnef.com/blog/copper-prices-may-jump-20-by-2027-as-supply-deficit-rises/
ING Aluminium surplus to persist as demand disappoints
https://think.ing.com/articles/aluminium-surplus-to-persist-as-demand-disappoints/
Twitter: https://twitter.com/JeffSnider_EDU
