US Stock Market Reaches a New High

Dow tops 19,000:

https://www.bloomberg.com/news/articles/2016-11-21/yen-rises-nikkei-futures-erase-gain-after-quake-oil-holds-gain

What is driving the stock market surge?

http://www.nytimes.com/2016/11/21/business/dealbook/investors-make-bullish-bet-on-trump-and-an-era-of-tax-cuts-and-spending.html

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The market appears to be underestimating potential risks –

• Higher than expected interest rates
• Stronger dollar
• Potential trade conflicts and supply chain disruptions