Ah, the stock market—where optimism flows as freely as cheap wine at a frat party. Here we are again, with U.S. stock-market futures rising like a soufflé on a Sunday. The S&P 500 and Nasdaq have hit record highs, because apparently, gravity is just a suggestion in this new economic universe.
Dow futures, in a stunning display of exuberance, are up 250 points, or 0.6%. Meanwhile, S&P 500 and Nasdaq-100 futures, ever eager to join the party, have climbed 0.4%. It’s like watching lemmings cheerfully running towards a cliff. Crude prices took a dip, perhaps signaling that reality might eventually intrude, while gold prices edged up—because who doesn’t love a shiny metal when everything else seems like a mirage?
Bitcoin, that darling of speculative frenzy, has soared past 108,000. Apparently, the digital tulip craze is far from over. Meanwhile, the ICE U.S. Dollar Index slipped, hinting that the almighty greenback might be feeling a tad under the weather. But who needs a strong dollar when you have a stock market fueled by the kind of optimism usually reserved for lottery winners and eternal optimists?
