Markets close on highs. Anybody up for QE again?
Markest closed at fresh highs, on improving trading volume. Right now, those smart shorts are once again getting rather nervous. With the extended Santa rally, market risks taking out many shorts if we start trading above these levels. New year, and many are already underperforming due to this most bullish start since 1987. Just imagine what would happen if we got that QE (again)?
Chart McDonough Bloomberg Brief