Art Hogan
Art Hogan
december few last tend weeks
The last few weeks of December tend to be more defensive.
bad disasters market natural news seen stomach
The market has been able to stomach a lot of bad news -- we've seen disasters every day and the market has trended higher, ... This is day four, so it's only natural to want to take profits.
bit energy handle high impact keeping market
The market is keeping in lockstep with energy prices, ... As we get a better handle on the short-term and long-term impact of high energy prices, the market is able to rationalize a bit better.
bad market move pricing spent time
The market is going to shrug that off. We spent so much time pricing in so much bad news, we can actually move on now.
affects both economy economy-and-economics equity growth revenue slowing strong trend ways worrying
You can't have it both ways -- the economy can't be strong and have us worrying about revenue growth going forward, so it has to be the trend is slowing and how much that affects equity valuations going forward.
good market reason whacked
The market got whacked for no good reason on Friday.
concern fed higher leave meeting rates remains rhetoric thinking
I'm thinking the Fed will leave the rates unchanged, ... We've ramped up pretty higher into this meeting and my concern is the psychological letdown if the rhetoric remains strong.