Wall Street celebrated Thanksgiving early yesterday. And reasons abound. When Janet Yellen stated her intentions to continue the US Fed's stimulus policy, the Dow Jones hit its maximum historic high and passed 16,000 points. Investors on the other side of the Atlantic were feeling optimistic that the United States is regaining its credit status.
If it is too soon to talk about recovery, the news anticipates the most important week of the year for the US economy. Both Thanksgiving and Black Friday kick off holiday season spending. Because what happens in the US trickles down to the rest of the global economy, a recovery there could have a positive impact internationally.
