Something to Worry About?

(1) Geopolitical crises that spike oil prices tend to lead recessions. (2) A serious threat to the bull or yet another relief rally? (3) Caliph al-Baghdadi is bad and meaner than a junk yard dog. (4) The end of complacency? (5) A dangerous situation in Iraq. (6) Oil prices didn’t spike on Libyan and Iranian output cuts. (7) Feuding Caliphates: ISIS vs. Iran. (8) Will Fed taper tapering if oil prices spike? (9) Upgrading S&P 500 Energy to market weight. (10) Happy indicators for S&P 500 revenues. (11) Q2 real GDP is looking up according to latest retail sales and inventories data. (12) Eurozone’s recovery remains lackluster.