In this issue

• While you were sleeping: The world is full of risks and no one seems to care; equity markets are up a tad across Europe but it was Asia that printed green right across the board

• Bullish sentiment entrenched: Not even the troubles in the Middle East, the tragic nuclear disaster in Japan, and the recent slate of poor U.S. economic data have put a dent in what is still an extremely positive sentiment readings

• Sounds rather speculative, but it is what it is: The latest Investors Intelligence poll pegged bullish sentiment at 50.6%; bearish sentiment at 22.4%. Normally, this gap is a source of resistance, but these are hardly normal times

• Losin’ Mo’: the sources of support for the U.S. economic recovery are beginning to slip away

• Still digging our way out: we are three months away from celebrating the year two of the recovery in the U.S. and the only economic variable that has managed to make a new high is exports

...read summary HERE

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