Stocks are rocking as they smell a tax bonanza

European stock market close 9 February 2017

  • FTSE +0.6%

  • Cac +1.3%

  • Dax +0.9%

  • Ibex +1.2%

  • FTSE Mib +0.9%

European bonds

  • Italy 2.19% -6bp

  • Spain 1.63% -6bp

  • Portugal 4.06% -6bp

  • Germany 0.310% +1bp

  • Greece 7.82% +9bp

The current scorecard in the US.

  • S&P +14pts to 2309

  • Dow +132pts to 20186

  • Nasdaq +38pts to 5720

US 10 year yields 2.38% +5bp

You can almost hear the money being spent in boardrooms around the world. Go long flash car and yacht makers ;-)

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