there is an invisible "hand of god" bidding up the indices and currencies and metals to some degree....
correlations between data, bonds, equities, metals and currencies are all out the window. it is one great pool of liquidity and prices seem to move in tandem up or tandem down.
personally, i think this is a liquidity/inflation melt up as evidenced by almost all worldwide indices busting record highs. precious metals forging highs, wheat, uranium, oil, nickel, copper, orange juice, you name it - this is all to do with a plummeting dollar and a sick financial system...
EXACTLY.