from Zero Hedge
Virtually every risk asset including Bitcoin is melting up – while the dollar continues to crumble – on the first trading day of the year when the same FOMO euphoria that slammed stocks to all time high in the last seconds of trading on Dec 31, 2020 continued overnight, when world stock markets hit fresh record highs on Monday, as investors hoped the rollout of vaccines would ultimately lift a global economy decimated by the COVID-19 pandemic. S&P futures were up 0.5%, after touching an all time high of 3,773.25 earlier on the back of broad-based moves higher in Asia and Europe after upbeat manufacturing data and rising commodities prices boosted risk appetite. …