Charles Blood
Charles Blood
bad showing
It's pretty mushy out there. But it's not a bad showing after yesterday's (Monday's) drubbing.
bad showing
It's pretty mushy out there, ... But it's not a bad showing after yesterday's (Monday's) drubbing.
everybody reasonable state
Everybody is in a pretty reasonable state of confusion.
according clear however media moving news tend true trying
These surveys tend to be media responsive, moving according to however the news is going. If you're trying to get true insight, it's not clear that's at all helpful.
believes conditions continued expansion favorable financial longer support
no longer believes that financial conditions are favorable enough to support a continued expansion in p/e ratios.
correction expect market overall percent ultimately
We ultimately expect the overall market to be down...and end up with a correction that totals 10 to 15 percent from the peak.
election elections fed likes stay
During an election year, the Fed likes to stay out of the headlines.
bit decent earnings economic higher interest pressure putting rates rising
We have decent economic growth, but the Fed's tightening, ... Earnings should be good, but rising interest rates are putting a little bit of pressure on valuation. All that nets out to a higher market, but not every day and every week.
history microsoft split stock success
A stock like Microsoft has a history of splitting. It's not the split that makes Microsoft a success. It's the success that makes the split.
history microsoft stock
A stock like Microsoft has a history of splitting,
bull conditions easily excessive fed high instead issue market months rapid six start trees
The trees can go pretty high instead of going to the sky, ... We could easily do another six months of bull market if conditions don't become too excessive and the Fed doesn't become too tight. The issue is how rapid they tighten. If they start doing a quarter-point every six weeks, that's fast. If it's a quarter-point and then nothing for six months that's fine. We can live with that.
bit bottom downside follow friday good last looks sort
A really good bottom looks a little bit like it did last Friday and Monday, but then has follow through, it doesn't just sort of sputter out. I'm a little bit concerned, in the short-run, that there's downside risk.
fed meetings next raising situation six time
When the time comes for the Fed to have these meetings over the next six months, the situation will look different and they will actually keep raising rates.
cross matter time until
It's just a matter of time until we cross 5,000.