Global Stocks Set For Best Month Ever As Dollar Dumps Near 3-Year Lows Tyler Durden Wed, 11/25/2020 - 13:00 With just a few days (of illiquid markets) to go, global stocks (MSCI World) is set for its greatest monthly return ever... Source: Bloomberg As the dollar dumps to its weakest against its fiat peers since April 2018... Source: Bloomberg Small Caps are outperforming this week (continuing an enormous month); Nasdaq is lagging but still up 2% this week... The Dow is also having its best month since Jan 1987... Source: Bloomberg Which sent "Extreme" greed to "Extremer" greed... Source: CNN This is easy!! Small Caps have dominated mega-tech this month... but did they stumble at resistance? Source: Bloomberg Energy stocks gave a little back today but remain up yuuuge in November. Utes are the laggards but are also up on the month... Source: Bloomberg Momentum staged a very small comeback relative to value today, but it's been an ugly month... Source: Bloomberg Treasury yields fell today but remain modestly higher on the week (2y unch, 30Y +8bps)... Source: Bloomberg Bitcoin was modestly lower on the day, back below $19,000, but still up large on the week... Source: Bloomberg Its been an ugly month for PMs as copper and crude exploded higher... hope! Source: Bloomberg Gold futs managed to bounce off their 200DMA and back above the $1800 level... WTI surged back to almost $46 today - its highest in 8 months... Finally, we note that investors should really be giving thanks to just one 'thing' this holiday... Global Central Banks!! Source: Bloomberg The best month ever for global stocks on the back of $14 trillion in global liquidity pukage for the last few months. And you should probably ignore this too... Source: Bloomberg Oh and Maradonna died... I guess the 'hand of god' finally caught up with him. Have a great Thanksgiving.