Don't expect tight money from Janet Yellen's Fed until 2015 at the earliest.
Alternative measures of corporate profits and profit growth paint a sombre picture, unlike the findings of a recent Societe General report.
Higher household net worth and debt are up, but the impact on the economy is ambiguous.
The Fed's Thursday release of fourth-quarter 2013 Flow of Funds data delivers some reassuring news.
Yeah, higher minimum wages kill some businesses and their jobs. But better firms replace them.