Investor belief has pivoted to view the economy as bullet-proof.

<p>Snippet comments from CIB on investors piling into stocks:</p><ul><li>“Investor optimism had been driven by the belief there would be aggressive rate cuts by the Fed </li><li>Now investor belief has pivoted to view the economy as bullet-proof. </li><li>No matter how high interest rates go, the economy will continue to glide right through.”</li></ul><p>US stocks headline, rinse and repeat:</p><ul><li><a href="https://www.forexlive.com/news/us-stocks-close-higher-to-start-the-trading-week-20240122/" target="_blank" rel="follow">S&amp;P and Dow Industrial Average close at record levels</a></li></ul><p>-</p><p>Anyway, apart from wondering how much higher the uber bull takes equities, the other reason to post these comments:</p>

This article was written by Eamonn Sheridan at www.forexlive.com.