Man of La Mancha

Check out the accompanying pdf and chart collection. (1) Buenos dias. (2) Finding relief in Spain from cabin fever at home. (3) The Running of the Bulls has been canceled in Pamplona, but not on Wall Street. (4) Soaring earnings continue to drive the stampede of the charging bulls. (5) SMidCaps are very cheap relative to LargeCaps. (6) Supply constraints weighing on M-PMI. (7) Lots of unfilled orders to keep economy growing. (8) Memo to Powell: Substantial progress in the labor market. (9) No sign yet that inflation rebound is transitory. (10) Wage inflation stampeding in two industries. (11) Movie review: “The Titans That Built America” (+ + +).