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[Q]: Moore  said analysts have been ratcheting up their earnings forecasts based on what companies said during earnings season. The expectation is that earnings growth this year could now be 19 percent. Sixty percent of S&P 500 companies provided guidance that exceeded expectations.
BlackRock monitors earnings revisions  which can be a key indicator for the market  and the percent of positive revisions is at a record pace. They are now running at a rate of two upgrades for every downgrade  or a ratio of 2. That ratio has averaged 0.8 based in the data which goes back to 1988   Moore  said.
"What happened to the U.S. on the back of tax cuts and fiscal stimulus is something we've never observed "  she  said. All regions are showing improvements in positive earnings revisions but nothing like the U.S. Europe also has solid earnings momentum but it lags the U.S.  and higher revisions in Japan are "noisy."
 She  added: "While we are really making this constructive call on the U.S.  in the next three to six months we do recognize the pace of upgrades and the pace of earnings growth will likely slow. We will have to watch very closely...We are on a rocket ship at the moment."
But  Moore  said the landing does not have to be messy. "It can take off with a bang. I don't know if ends with a bang. Rockets can come down and land gracefully  if they're well engineered "  she  said.
"This is a very different cycle  at a time when fundamentals are already solid " said  Moore . "We will have to be very vigilant and try to stay focused not just on what happens to earnings but as to what happens with inflation pressures  and the impact that could have on margins. The big risk is inflationary pressure eroding margins."
 Moore  said  her  favorite sectors are technology and financials. Technology should gain from increased spending by corporations  benefiting from tax law changes.  She  said the other boosts to the market from tax law changes should be more corporate buybacks and acquisitions.
[A]: BlackRock is a lot more bullish on US stocks after tax cuts


[Q]: On Tuesday  fashion house Gucci dipped into the culinary scene with the luxe Gucci Osteria  a green-walled  50-seat restaurant nestled inside the new Gucci Garden  an experiential museum-retail concept in the historic heart of Florence  Italy.  The chef  is  Massimo Bottura   the Modena-based proprietor of three-Michelin-starred Osteria Francescana  in 2016 named the best restaurant in the world.
Now fully open to the public  the menu  glimpsed here  includes the parade of pasta one expects from  Bottura  considering Osteria Francescanaâs carbo-loaded cameo on the Netflix show Master of None.
Visitors can scarf down decadent plates of golden Parmigiano-Reggiano-enriched tortellini  buttery cacio e pepe  and creamy mushroom risotto. But the menu evidently has a sense of humor  too  offering high-end interpretations of a hot dog  a burger (fun fact:  Bottura  loves Shake Shack)  and for dessert  a piÃ±a colada. There are also a fair number of dishes inspired by Botturaâs world travels  including Peruvian tostadas and Asian-tinged buns stuffed with fatty pork belly.
Main dishes are priced from 20 to 30 euros ($24-$36) eachâthis is Gucci  after all. âHaute couture and haute cuisine are a recipe made in heaven â  Bottura  told reporters. Not for nothing  Gucci Chief Executive Officer Marco Bizzarri and Bottura are childhood friends as well.
[A]: What's on the Menu at Gucci Osteria by Chef Massimo Bottura


[Q]: Republican Sen. Marco Rubio was put on the defensive Wednesday by angry students  teachers  and parents who are demanding stronger gun-control measures after the shooting rampage that claimed 17 lives at a Florida high school.
One of those confronting the Florida senator at a CNN's "Stand Up" town hall Wednesday night was Fred Guttenberg  whose 14-year-old daughter Jaime was killed on Feb. 14 with 16 others.  Rubio  was the lone Republican at the nationally broadcast gathering after Florida's GOP Gov. Rick Scott and President Donald Trump declined invitations to appear at the event in Sunrise  Florida.
Guttenberg told  Rubio  that his comments about the shooting "and those of your president this week have been pathetically weak."
People stood up and cheered Guttenberg as he challenged  Rubio  to tell him the truth  to acknowledge that "guns were the factor in the hunting of our kids."
 Rubio  responded that the problems laid bare by the shooting rampage "cannot be solved by gun laws alone " drawing jeering whistles from the crowd.  Rubio  responded that  he  would support laws barring those 18 and under from buying such weapons  support changing the background checks system and getting rid of bump stocks.
[A]:
Shooting town hall: Rubio on the defensive on gun control