(1) The Old Normal is new again. (2) Not optimistic enough about earnings? (3) Thinking about retesting the record high for stocks. (4) Are all those people at the malls a bunch of delinquents? (5) Both the critics and the sympathizers of American consumers are missing the big story. (6) Robert Reich sees Americans on downward escalator. (7) So why are retail sales so strong? (8) And why are retail stock prices on a rocket ship? NOTICE: Our Morning Briefings are now available on FactSet.
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