Will market euphoria lead to new financial bubbles?

 The market price level is influenced by world political and economic news. We suggest reviewing those that most affected the financial markets in February.

The key headlines:

• The U.S. House of Representatives passed a 1.9 trillion dollar coronavirus relief package.
• The SPX500 hit another historical high of 3,960 USD.
• Higher U.S. Treasury yields have helped send the U.S. dollar up.
• In Britain, the fast rollout of vaccination supported the growth of the sterling.
• Gold had its greatest monthly slump since late 2016. The precious metal lost nearly 8% in February.
• Bitcoin skyrocketed to a new record level of 58,400 USD.

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