Stocks rallied yesterday as Treasuries tumbled as data suggested a resilient consumer.  Retail sales is suggesting third quarter growth can be potentially around 3.0%.  The two year treasury or the treasury most sensitive to monetary policy rose to the highest level since 2011.

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Capitol Securities Management, Inc. continues its expansion plan with the opening of a new full-service branch office in Charleston, South Carolina. The branch will be led by Larry Bendt formerly of JHS Capital Advisors, LLC. The Charleston branch is the latest of the company’s regional offices...

The headlines are horrific but do the headlines really reflect reality?  Bad is good and good is bad, an environment where everyone has a view, a view that is automatically taken authoritatively given the unedited blogosphere.  It can be argued these radically different...