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Earnings estimates at record highs for Europe.

00:01 - 14/06/22

Retail just bought the most stocks since the second half of 2021, according to BofA

Unemployment rate has now been <4% for longest time since streak that ended in 1970

The Tech sector is once again beating everything, up over 33% so far this year. Its relative strength versus the broad market has now fully recovered from the 2021-2022 drawdown, surging to its highest level since August 2000

Robin Brooks: Key difference between Spain (lhs) and Italy (rhs) is that foreign investors are buying Spanish debt, while they're selling Italy (purple). This isn't market fragmentation. If it were, all of the periphery would be getting sold. This is about Italy and foreign investors exiting.