The broadest gauge of world stocks covering 50 markets, the ACWI is little changed today after hitting historic highs yesterday and extending its gains this month to 5.1%. US stock markets also made fresh record peaks, with the S&P500 closing strongly while the tech-heavy Nasdaq Composite touched an intraday high before paring some gains. We should also give a special mention to commodities which have been on a tear recently, with Copper hitting multi-year highs yesterday.
With US GDP already back to where it started pre-Covid, the Fed still on full easing mode and with yet more… Read More:
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