America’s Consummate Consumers

(1) The US is still the greatest show on earth. (2) This year won’t be 2010 and 2011 if US economy performs well. (3) Consumer Discretionary leading bull market’s shopping spree. (4) Earnings driving consumer cyclical stocks. (5) Retailers are getting a bit pricey. (6) S&P 500 revenues have fully recovered. (7) Consuming is more fun than retrenching and deleveraging. (8) Lots of pent-up demand. (9) Slicing and dicing retail sales and Retailing earnings and valuation.