Disliked{quote} that's the problem so far... but they are working on it... will be translated and published in English soon...Ignored
One rally similar to this one happened between Oct. 15, 1999, and Jan. 14, 2000, just before the dot-com bubble burst. The Dow rallied 17% over 64 trading days back then. Another one took place from Aug. 16, 2007, to Oct. 9, 2007, preceding the financial crisis. In that time, the Dow jumped 10.3% in just 38 trading days.
Stocks were on fire last month in large part because of easier monetary policy and expectations that China and the U.S. will strike a trade deal. The Federal Reserve cut rates twice since August and has signaled it will keep them at current levels for a while. Also, China and the U.S. have said they were closing in on a “phase one” trade agreement to be signed before year-end, although President Donald Trump suggested on Tuesday that an agreement may not come until after next November’s election.
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