The US equities markets were slightly positive today, but overall the market was very neutral. Volume of trading was about average, with only the G7 summit creating any significant interest in trading today. But what is interesting is how consistently US economic data is beating expectations, while data from Europe and Asia are more often coming in below expectations. Many are wondering why the US markets have been as bullish as they have over the last 1.5 years, but the key to understanding this is to compare the frequency of better-than-expected results for the US economy versus a persistence of unmet expectations in many other major countries. With that in mind, here’s what to expect going forward.