(1) US business sales at new high. (2) Lots of indicators pointing to 5% revenues growth for S&P 500. (3) Analysts forecasting 5% revenues growth for lots of sectors. (4) Upward revision for consumer spending during Q2. (5) Wages and salaries outpacing inflation by about 2 percentage points. (6) YRI Earned Income Proxy showing solid income growth driving retail sales. (7) Chinese government still flooding economy with credit. (8) Investment advice from the Fed. (9) Yellen is a liberal. (10) Focus on market-weight-rated Retailers.
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