The
US Dow Jones stock index has closed at a record high for the 12th day
running.
It
is the longest winning streak for the share index since January 1987.
The
biggest winners were shares in energy, financial and healthcare firms
- areas that stand to gain if Trump's policies spur faster economic
growth.
The
Dow closed at record highs for 13 sessions in a row in January 1987,
nine months before the Black Monday market crash – not that the
blog is making any predictions but capitalism is a game of boom and
bust...when the bubble bursts, nobody has a clue and that is what
capitalist stock-market all about...guess-work. As Marx understood
it, we only determine the cause of a recession by hindsight.
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