You might now like him, but the market sure does as markets hit record highs and Trump Rally

European and Asian stocks, S&P futures, bond yields, the dollar and commodity metals are rose, in some cases making new all time highs, lifted by the latest reemergence of the “Trump trades” as hopeful investors once again bet that the U.S. president’s tax reform plans will boost economic growth and corporate profits, despite another warning from Goldman that the president’s fiscal plan is about to be derailed.

Global stocks continued to rally ahead of this week’s key US CPI data, and ahead of speeches from a range of Federal Reserve officials including the all important Yellen testimony in Congress. The dollar extended gains after its first weekly advance since December, and Treasuries fell. Iron ore surged and copper climbed, buoying commodity producers.

 

http://www.zerohedge.com/news/2017-02-13/global-stocks-rise-sp-futures-make-new-record-highs-trump-trade-euphoria-returns