S&P 2,000 On Lack Of BTFATH Slack

Tyler Durden's picture

Mission Accomplished... Retirement for all. A year ahead of Goldman's schedule, and with Treasury yields plumbing multi-month lows, US equities are opening this morning at new record-er highs as the S&P crosses the 'awesome' 2,000 Maginot Line for the first time (despite Yellen's hawkishness and Kuroda's playing down moar QQE leaving Draghi left to save the world). Can you feel the wealth effect surging through your income streams?

"wealth effect"

 

Perfectly normal...

 

and then there's this...

 

As an aside, stocks are now on pace for the best August in at least a decade...