Why are stock markets booming? Joe Weisenthal (@TheStalwart) wrote a Twitter thread extending his piece at Bloomberg Markets. (Scroll down to read his “Three Simple Reasons We’ve Seen Such a Ferocious Stock Market Rally.” Here are the level and month-to-month percentage change in retail sales since January, 2000.
By my count, Joe has ten reasons in the thread. Without further ado, here it is.