Charles Blood
Charles Blood
bull correction ongoing rather within
I think this is another correction within an ongoing bull market, rather than something more substantial.
caught sort trap
We're caught in a sort of psychological trap here and sometimes to get out you've got to go down first.
bit crossed economic economy full inflation markets near news operating potential sensitive
I don't think, even with the economy a bit better, that we've crossed the inflation threshold. But we're operating pretty near full potential and that is why the markets are so sensitive to these economic news events.
These glitches happen, but they just make for interesting reading, that's all,
companies mark talk
Analysts are not way off the mark anymore, so companies don't have to talk them down,
beyond certainly conditions earnings economic good likely remain straight
The earnings story is good and is likely to remain very good, and the economic conditions are likely to remain supportive. It's certainly not going to go straight up beyond this period, but I think we're about two-thirds of the way through this correction.