Old vs. New Normal

(1) Kansas vs. Oz. (2) A V-shaped recovery in earnings, and real GDP too, oh my! (3) New Q4 real GDP forecast: 6.4%, oh my! (4) The Old Normal: 2009 looks like 1982 for initial unemployment claims. (5) Continuing claims support the New Normal scenario. (6) The Wizard of Oz is very bullish. (7) Is the stock market's lost decade a launching pad for the coming decade? (8) Inventories could really boost Q4 GDP. (9) Follow the yellow brick road. (10) China’s M2 continues to sizzle. (11) More jobs and better retail sales may be somewhere over the rainbow. (12) Retail stocks are bullish on outlook for consumer spending.