TIME

A strange Trumphoria rules the U.S. stock market. For now

SOMEWHAT MYSTERIOUSLY, STOCKS have been on a tear since Donald Trump was elected the nation’s 45th President. And it’s not just that the Dow Jones industrial average is up nearly 800 points in the past three weeks. The parts of the market that are leading the Trump rally are a little baffling too—at least at first blush.

For instance,

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