Optimism rising high, soft landing on track

From xm.com

Investors start the new week in ebullient mood after last Friday's U.S. jobs figures kept the "soft landing" story on track, lowering the dollar and bond yields, and adding fuel to the relentless "risk on" rally in stocks. Most of the world's main equity markets are at record or multi-year peaks, and there doesn't seem to be much on the immediate horizon to derail them. Profit-taking, quarter-end position adjustments, worries over valuations or market concentration, and political or policy jitters have all come into play recently. But the overpowering "buy the dip" mentality has ensured any pull backs have been ... (full story)