Stocks Extend Record Run, But Central Banks Running Out Of Tools

The big story into Thursday is the de-escalation of tension between the US and Iran, which has helped to infuse a fresh appetite for US equities, racing to yet another record high.

The big story into Thursday is the de-escalation of tension between the US and Iran, which has helped to infuse a fresh appetite for US equities, racing to yet another record high. It’s clear, this market isn’t going to be bothered by much, instead focused on the directive from a Federal Reserve to keep buying.

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