On the juxtaposition of positve economic growth and market vulnerability

Today’s commentary
It was interesting to see the US markets follow through yesterday to the upside after a monster rally in shares when the Fed tapered large scale asset purchases on Wednesday. But rather than seeing strength in this, I see vulnerability because the move to the upside is directly at odds with the news flow and the fundamentals.
My macro view is positive. I am concerned about the inventory building and the recent uptick in jobless claims. I believe these data points bear watchi...

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