Based on the performance of stock market indexes, it was another banner week for equities amidst slow trading volume. The Dow, S&P 500, Russell 2000, and Nasdaq each reached record highs, with the Dow eclipsing 19000 for the first time ever. Some analysts suggest the market surge is based on expectations that the new administration will reduce taxes and spend more on infrastructure. Money continues to move from long-term bonds and gold into equities. Also, investors may view the likelihood of the Fed raising interest rates next month with more certainty, which could lead to money fleeing from long-term bonds and gold.