The US Stock Market Has Just Won The Lottery, Again
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Authored by Simon White, Bloomberg macro strategist,
US stocks are likely in a topping process, but abundant liquidity flowing from China should cushion any decline.
Never underestimate the US stock market’s resilience. Whether it’s the Fed put, the Treasury juicing liquidity conditions by switching to bill funding, or the recent AI revolution, US equities always seem to land on their feet.