(1) Not so hot and spicy. (2) Less power in electricity output. (3) Wage hikes are squeezing profits, but aren’t boosting consumption. (4) Demography driving the new normal in China. (5) Mr. Li’s favorite indicators. (6) No train wrecks or meltdowns in China. (7) Analysts expecting weakest S&P 500 earnings growth since the recession. (8) Forward earnings still bullish. (9) Energy and Materials expected to disappoint most.
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