A Great Start to the End of the Year

(1) A litany of lugubrious headlines. (2) Lots of really bad news out of Europe. (3) Another financial crisis, another buying opportunity? (4) Central banks will do “whatever it takes” until they can’t. (5) Bill Dudley says QE aimed at lifting stock prices. (6) Overweight yesterday’s outperforming MEI+IT sectors for the rest of the year. (7) Fed’s panic attack unwarranted according to ADP data. (8) Extending the tax cuts. (9) Factories are humming all over the world. (10) Overweight Industrials as global manufacturing continues to boom. (11) Overweight Autos as cyclical recovery gains traction. (12) G6 earnings remain V-shaped. NOTICE: Our Morning Briefings are now available on FactSet.