The S&P 500 and Nasdaq advanced on Wednesday, rising 0.5% and 0.8%, respectively, with the S&P 500 closing at a new record high while the Dow ended flat.
While I agree with your ultimate conclusion that, especially now that The BBB has passed, the US is going to get a stimulus boost with inward investment and the dollar will benefit, that seems to be at odds with the narrative which continues to highlight the fiscal deficit and debt problems and the idea that countries are going to flee the dollar. somebody is going to be wrong big time!
While I agree with your ultimate conclusion that, especially now that The BBB has passed, the US is going to get a stimulus boost with inward investment and the dollar will benefit, that seems to be at odds with the narrative which continues to highlight the fiscal deficit and debt problems and the idea that countries are going to flee the dollar. somebody is going to be wrong big time!