Is this the end of the bull run? A better explanation will be harder to find
A speech this week from President Donald Trump sent the US stock market soaring to a record high.
And where the US goes, the rest of the world follows. The FTSE 100 is also impressing investors.
Trump stood at the podium, behaved like an adult and explained a little more about some of his less crazy policies, including the fiscal ones.
Cash held offshore could start washing back into America and wind up in the pockets of shareholders, who clearly want a piece of that pie.
There’s more to it than that. This is Money’s Simon Lambert explains how it all might work as other pundits ponder whether it’s the euphoria before the fall.
A ‘bull run’ is when markets rise. ‘Bears’ usually spoil the party. The gloves are off.
Also on the show, featuring Lee Boyce and Georgie Frost:
Two more years of miserable savings rates
Lifetime Isas – a totally flawed Government plot
A new Range Rover ‘for women’
Car insurance premiums are likely to rise because, oh do they really need an excuse?
Hateful parking fines
Hateful probate fees
A chance to win a radio
Warm bath of homicide
Enjoy.