Loading ...Equities are having quite a nice rally today. And it’s a global phenomenon. My guess is the majority of traders took one look at their screens this morning and did a double take. And then began scouring the news to learn the reason.
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Aside from all of the reasons which may or may not have been the cause of the global equity move, it’s tempting to give some credence to the theory that the mess in Iowa last night was a contributing factor. Traders have their own unique priorities and worldview.