(1) Shock and aftershocks to the global economy. (2) Spinning wheels in the soft patch through the summer. (3) Japanese auto output plunged 55.2% m/m in March. (4) In US and China, auto output dropped 12.5% and 16.0% in April. (5) Soft patch favors defensive stocks. (6) Cyclical stocks should rebound with global auto output. (7) What’s the matter with IT? (8) Sideways indicators. (9) Bull/Bear Ratio is correcting. (10) Muni market improving. (11) Meredith is still bearish.
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