US Declaration of (Cold) War

(1) Cyclical stocks rebound as economy reopens. (2) P/Es rising faster than Es are falling. (3) Progress on both the health and economic fronts of the war against the virus. (4) Cold war with China has the potential to replace hot war against virus as the new worry for investors. (5) China, not the US, started it, and the US is now declaring it. (6) China, not the US, has been upsetting the post-WWII global order. (7) Real vs wishful-thinking geopolitics. (8) A report that connects the dots. (9) Hong Kong Syndrome. (10) The market’s next worry. (11) Robots with hands evolving quickly.