What is an everything rally?

"Everything rally" is a term coined by Bloomberg for a strong simultaneous increase in value (rally) across multiple investment categories, even when they normally move in opposite directions to each other. This makes it a very exceptional and rare situation. In Dutch, it is also translated as 'alles rally'.

During an everything rally, for example, shares, bonds, gold, cryptocurrencies and real estate shares rise simultaneously, which normally does not occur due to their usual opposing movements. This phenomenon can be a sign of a temporary, positive market situation, but can also indicate a period of excessive euphoria among investors.