The Perpetual Candidate. The Bears. Financials

(1) Stocks are like a box of chocolates. (2) Still running for President. (3) Frustrated bulls. (4) Gridlock may be bullish, but weak Presidents are not. (5) The universal consensus is that this will end badly. (6) Three-ring circus: Obama, China, and PIIGS. (7) Are the bears overreacting? (8) A V-shaped recovery in real GDP so far. (9) Financials facing political uncertainty. (10) “Crazy Heart” (++). NOTICE: Our Morning Briefings are now available on FactSet.