What‘s really driving the US stock market rally? | FT #shorts
Micron Technology(US:MU) Financial Times·2026-07-06 16:11If the first half of 2026 teaches us anything, it's that worrying about geopolitics doesn't make you rich. In a year where President Trump has threatened to invade Greenland, he's launched a war against Iran that shut the straight of Hormuse and put his own guy in at the Federal Reserve, the US stock market is up 10%. And we're only halfway through.So what's driving the rally. It's not expectations of lower interest rates, which are up sharply since the beginning of the year. The common answer is booming ea ...