Salient to Investors:

Mark Zandi at Moody’s Analytics said businesses have shrugged off the effect of the tax increases and the spending cuts and are hiring as job growth has improved, stock prices are aT record-high, housing values are surging, and gas prices have started to decline.

Gregory Hayes at United Technologies is much more optimistic about the economy and his leading indicator, US residential HVAC business, is very strong.

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