(1) Stocks rise despite gloomy Ben. (2) An uptick in earnings estimates. (3) Revenues estimates getting cut. (4) Margins holding up. (5) Decoupling attributed to accounting magic. (6) So far, the market isn’t buying recession scenario. (7) Transportation stocks aren’t stalling. (8) Rail freight is chugging along, especially excluding coal loadings. (9) Housing is recovering. (10) Government is the issue on the campaign trail.
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