Searching for Growth

(1) Weekly S&P 500 forward revenues remain impressive, still making new highs. (2) No recession in quarterly S&P 500 revenues, which also rose to new high during Q2. (3) Corporate managers managing to find solid revenues growth in slow-growing global economy. (4) Small spread between growth rates in aggregate and per-share revenues. (5) Lots of cyclically weak growth indicators. Are they nearing bottoms? (6) Intermodal railcar traffic is in a recession. (7) Soft patch for earnings, or just tough y/y comps? (8) Forward earnings at record high. (9) Doing the math on S&P 500 targets.