What Caused The Q1 Rally And Why It Can Continue: Deutsche Bank Explains

So in Q1, you did some dip buying, didn't you? Just admit it. I mean somebody sure as hell did, because as Deutsche Bank notes, "the first quarter saw the post-election equity rally extend, putting it well into the top 10% by duration without a pullback of 3-5% that typically occurs every 2-3 months." Or, visually: So what's behind all the optimism? After all, the central bank "put" is fading away... (BofAML) ... and a recently dovish ECB notwithstanding, you're not going to be able to d