Wall Street Is Starting to Get Nervous About All the Money Pouring Into U.S. Stocks
How long can this continue?
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Everything changed in November.
After President-elect Donald Trump won the election, markets began a decisive shift in essentially all asset classes. Suddenly, everything from bank stocks to emerging-market bonds staged decisive price swings, driven by a stronger dollar, an increase in U.S. growth expectations, worries over the prospect of a more protectionist Trump-led administration and a steeper U.S. yield curve.