22.02.2017 • 13:00 GMT
A Return of Liquidity Refreshes S&P 500, Dollar and Oil Bulls
John Kicklighter
• Despite a lack of tangible data, Trump policy or strong global wind in sentiment; the S&P 500 gapped to a record high
• Depth of conviction draws skepticism and the first correlation flip between SPX and VIX speaks to practical restraints
• A Euro tumble and Pound hold defy headlines, Peso rallies on intervention program, oil pressures a break of 55