I seem to care more about bonds than stocks right now.
1 year returns show that long term bonds have been the best moneymakers even though rates have risen strongly. Not what you'd expect.
Also not what you'd expect - all classes of bonds made money even as rates have risen.
This is not conventional wisdom.
also, the CPI was up to 2.7% y/y last month - that's got to get the Fed's attention.
But apparently there was some fluke in energy prices that accentuated infflation.
Earnings Scorecard: As of Friday (with 4 companies in the S&P 500 reporting actual results for Q1 2017), 2 S&P 500 companies have beat the mean EPS estimate and 2 S&P 500 companies have beat the mean sales estimate.
(Note: I have registered my handle to avoid further imposter trolling by the coward known here as Igy.)