(1) Will the economy wilt this summer? (2) Blooming indicators. (3) Initial claims, consumer comfort, high yield spread all look very good. (4) Is the ECRI leading or misleading? (5) Blinder sees fiscal cliff ahead. (6) Our FSMI rises to cyclical high. (7) Global oil demand flattening as supply hits record high. (8) Big rebound in Libyan output more than offsets Iran’s cutback. (9) Overweighting S&P 500 Integrated Oil & Gas.
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