(1) S&P 500 unfazed by 3% bond yield. (2) No sign of tightening credit in junk bond yield spread. (3) Forward P/E has much more noise and less signal than does forward earnings. (4) Our Boom-Bust Barometer is at a record high. (5) Consumer Discretionary R&R companies reporting solid results at their various resorts. (6) Tech companies continue to mess with our heads. (7) AI may soon help you find the keys you lost.
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