The Persistent Ascent

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Well, I’m going to call it a day. It seems almost comic that not even two weeks ago, we were witnessing a limit-down collapse in equity markets around the world based on the prospect of a Trump victory. Who would have believed that, once those few hours of fear were shaken off, we would be in a blast-off cycle to lifetime highs across the board? It’s breathtaking (and, for the one or two bears left on the planet, nauseating). I don’t see what’s going to slow this down at any point. Dow 50,000, here we come. Here’s the ES as I say farewell.

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