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I would say people is dumping stupid money into bubbling equities.
I agree with you: US SP500 reached all time high, which attracts huge hot money flows in.
Another reason is the world is peacefully quiet recent years, no major wars or crisis.
Another reason is the world is peacefully quiet recent years, no major wars or crisis.
i don't know why. but fx is maybe infected by world cup in thesw two months.