(1) The new worry: strong stocks, weak economy. (2) Economic Surprise Index is down. (3) Growing at stall speed. (4) Not fazed by QE phase-out. (5) Door #1: Rally in a secular bear vs. Door #2: Secular bull. (6) Forward earnings at record highs. (7) Revenues are the key. (8) Soft batch or soft patch for US economy? (9) The biggest dichotomy is Europe’s stocks and economy.
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