Jeremy Warner from the UK Telegraph
The first question is one being repeated here daily; perhaps there will be a catalyst at some stage that will reverse this and at that point we will some major USD shift.
“How come the stock market is going up, when the economy keeps tanking?”
A year ago, the world economy seemed to be falling apart. Political deadlock threatened budgetary mayhem in the US, the euro appeared to be at death’s door, and China looked destined for a hard landing.