The economy is growing, and that means these companies will grow too.

M&A is a strong element of support for the stock market. It's pushing shares higher.

All M&A news is strong support for the stock market. European shares remain attractive. Productivity gains will allow European companies to have good earnings in 2006.

It's good news for equity markets. One can be more positive on the outlook for rates. People were wondering whether shares looked expensive. After these comments, one could stay relieved.

Profits have been good and are lifting stocks.