Trend of decline in deposits is being reversed.
The stock market has priced in materially faster earnings growth, which needs a faster-growing economy.
Growth requires the water level to constantly rise.
The best way to do this is by entering on pullbacks with defined risk.
There are a few concerns with the world's largest retailer.
The current data swirl gives the Fed a green light.
Yellen's latest testimony indicates the question is still very much in flux.
Meanwhile, we're seeing the stagflation I predicted.
Some credit spreads have gotten weaker.
The Fed had to allow the level of reserves to rise to sustain its policy rate, which is at 75 basis points.

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