Athens, USA. Moving Averages. Inflation. Health Care

(1) Athens in California, New York, New Jersey, and Illinois. (2) Arnold says California faces “Sophie’s Choice.” (3) Illinois doesn't pay its bills. (4) Promises that can’t be kept. (5) Retire at 55 with half your income! (6) We are all 200-dma technicians now. (7) The US earnings story has yet to be hit by Euro-Mess. (8) Inflation remains subdued around the world with three important exceptions. (9) Health Care is good for playing defense, but challenged by Washington’s meddling. NOTICE: Our Morning Briefings are now available on FactSet.