A trader points to a graph on a computer screen. (Photographer: Krisztian Bocsi/Bloomberg)
The cocktail is getting headier now. Earlier we had alcohol in it that was maybe 12-20 proof. Now they seem to be adding the more potent stuff (40-45 proof). People who enjoy a tipple or two every now and then will know what I mean.Markets ratcheted higher—there is no other word for it—last week. Except for the slight dip of Tuesday, the trends were straight up. See the usual pathway chart. It can be noted that from Tuesday’s low (a ...