08.12.2016 • 12:00 GMT
Rare S&P 500 Surge at Record Highs, ECB and US Wealth Update on Tap
John Kicklighter
• An advance to record highs from the S&P 500 is not unusual, but the scale of Tuesday's surge at highs is remarkable
• USD/JPY, the Yen crosses and carry trade continue to fall behind the global reach for yield in risk assets
• Top event risk Thursday is the ECB rate decision, but mind the US 3Q household wealth, Japanese sentiment and more
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