S&P 500 to 4,000 or USDJPY Through 111: Which Is More Practical?

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S&P 500, Nasdaq, Credit Suisse and USDJPY Talking Points:

• US President Joe Biden confirmed the earlier leaked details of a proposed infrastructure spending program that would scale over $2 trillion
• The growth implications following the fiscal stimulus competes with expected corporate taxes to fund the initiative for market sentiment alongside lurking inflation fears
• Liquidity is now my top concern with holiday trading conditions ahead and markets like the S&P 500 and USDJPY stretched at highs

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