Salient to Investors:

David Kelly at JPMorgan Funds said the theme of whether the Fed will stop being easy and what that means for interest rates is not a significant negative for the stock market and the market may be overreacting.

Bruce Bittles at RW Baird said it is disconcerting that the market has to depend on the Fed for its success, while the data does not support an economy set on escape velocity.

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