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TORDF - The Week Ahead S&P 500 Futures Are Up +1% And Poised To Reach 3000
Toronto Dominion Bank - FXDFR PRF PERPETUAL CAD 25 - Ser 14 Cls A
Elevated US Futures and European Markets Close up in some cases +2.5%
Markets that are open seem to be ignoring the looming Cold-War between the US and China. Perhaps the optimism of the EU returning to normal has elevated German, French and Spanish bourses. I think that the bailout of Deutsche Lufthansa by the German government for $9 Billion and talk of fiscal policy to boost economies is what is behind the impetus. Perhaps it is the realization that negative interest rates haven’t worked and never will work, and that the hard work of economic