Francis Schutte

U.S. Markets Soar on Consumer Confidence Data

The 'only' reason why stock markets soar, is because of the communicating financial vessels. Nothing more nothing less. All the rest is static. It exists because each day people want to explain why markets go up or down. By doing so, the emit moe static.
If you are a fund manager sitting on huge liquidities you know you have at a certain point no alternate but to invest these. As the Bond markets are sliding down, there are little alternates left.