Stock Market Outlook: Rare Setup on Slowing Economy and Growing Earnings

• An ideal setup for the stock market has arrived as earnings grow and the economy slows, Bank of America says. 
• The bank said this rare setup—seen just 11% of the time—delivers outsized gains for stocks. 
• “The divergence is mainly coming from improving manufacturing vs. slowing services,” BofA said.

The stock market has entered an ideal environment to generate further gains as economic growth slows while corporate profits continue to ris