  Aspects of ICHEP 2004 are summarized from a theoretical point of view. QCD
works, new NNLO calculations are becoming available and new string
calculational tools are emerging, but no conclusions can yet be drawn about the
discovery of the quark-gluon plasma or pentaquarks. The small upward shift in
the experimental value of m_t raises somewhat the central value of the Higgs
mass extracted from a global electroweak fit, and the CKM model describes well
the data from the B factories. The Super-Kamiokande, KamLAND and K2K
experiments have evidence for oscillation dips in their neutrino data. Little
Higgs models are interesting alternatives to low-energy supersymmetry for
stabilizing the electroweak scale. Convincing experimental evidence for dark
matter particles is still lacking. The LHC is on its way, the technology choice
clarifies the roadmap for the ILC, and a multi-TeV CLIC would also have rich
physics agenda.
