(1) Intense mood swings. (2) S&P 500 up and down a lot since late April. (3) Extremely plausible and wrong scenarios. (4) Sideways with lots of volatility for the rest of the summer? (5) “Tail” scenarios are distressing investors. (6) Focusing on the global economy’s signs of strength. (7) New high for global semiconductor sales. (8) Employment indicators confirm labor market is recovering. (9) Lots of forward earnings momentum for Information Technology. NOTICE: Our Morning Briefings are now available on FactSet.
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