It is trading at fresh record highs and again, it's an indictment that the stock market is not the economy.
I'll admit I had my reservations on the outlook for European stocks in December due to Trump's tariffs threat. But buyers have kept the faith and are duly rewarded for it with Trump's bark being much worse than his bite, as we have come to find out.
Stocks in Europe also saw a somewhat similar hot streak in the early stages last year, albeit not to the same extent, before the buying only relented around May to August. Is this going to be a repeat of that?
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