The Jokers Are Wild

(1) Meetings in Chicago and Toronto. (2) Shuffling the deck of cards again. (3) Upping the ante on the Three Deuces scenario. (4) The bond market draws a Joker. (5) The joke on the consensus forecast would be a late-cycle boom. (6) Contrary instincts on high alert. (7) The price of oil should be soaring along with other commodity prices as the dollar sinks, but it isn’t doing so. (8) Stocks are flying in emerging markets. (9) Putting it all together: Noninflationary global boom overseas with slow growth in the US. (10) A winning hand for stocks. (11) The wrath of J.Law and Mother Nature.