Growth policies are laying the groundwork for ample downside risk.
Global nervousness increases over China's economic slowdown.
Labor market conditions appear to be very strong.
That appears to be the case.
A big bet on Europe.
A poorly timed rate hike could destroy wealth. 
Spending in March came to $376 billion.
A new threat to the U.S. dollar
Despite Yellen's comments, expect rate-hike fever. 
There's no fun in waiting and quiet markets lead to profit-taking.  

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