Stocks Up, Bonds Up, Gold Up, & Dollar Down But Tax-Hope Tumbles
@zerohedge -

Think you had a bad day...

Overnight saw market watchers celebrate the exuberant run in Japan's Nikkei 225 to its highest levels since 1996 (up 200% from its 2008/9 lows)...

So - some context - it has taken 21 years of "buy and hold" to breakeven... and the index still needs to rally 88% further to get back to even from its record highs in 1989.

Stocks (and gold) ramped higher in the last hour (on regurgitated headlines about Mnuchin preferring Powell for Fed head - which hit 2 weeks ago)...

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