Mixed Signals

(1) Trucks are rolling along better than freight trains. (2) Consumers boost some bank earnings. (3) Forward earnings at another record high. (4) Typical earnings hook ahead? (5) S&P 500 profit margin remains very profitable. (6) Lots of questions about valuation. (7) Low Misery Index boosting P/Es. (8) Real earnings yield fairly valued. (9) Buffett says ignore Buffett Ratio. (10) The economic data are mixed, while the Fed’s Williams is mixed up. (11) Is near-zero inflation really an “insidious disease?” (12) Clarida is ready to ease.