The equity markets are teetering at new multi-year highs, riding the top of the range until some direction is formed. Overseas the markets have been relatively strong, mostly in part due to the great ZEW German economic sentiment indicator which came in much better than expected. Analyst consensus was calling for 35, while the real number was a whopping 48.2, a three year high. Global investor confidence is high, as there is a widespread belief that 2013 is going to be a great year........