Mike Lenhoff
Mike Lenhoff
bond convince determined higher interest markets rates seem
These bond markets seem determined to convince everyone that interest rates are going a lot higher than expected.
coming earnings market moved
Pretty much everyone has been overwhelmed by the way in which the market has steadfastly moved higher. But valuations are still satisfactory because the earnings are coming through.
bound corporate despite gains growth high market oil remains solid stock
U.S. corporate growth remains very solid despite high oil prices. The stock market is bound for some gains today.
equity markets positive remain stick view
Fundamentals remain positive for equity markets so our view is: stick with the trend, it's not the end, it's still your friend.
ahead expensive market moved quite
We have probably moved ahead of ourselves. The market is not expensive but it has moved quite forcibly upwards.
apple beat comments companies drag earnings fed inflation markets maybe officials recent reminder
Apple is a reminder that maybe expectations for third-quarter earnings were too high, and most companies won't be able to beat that, ... The combination of earnings worries, with recent comments by Fed officials on inflation will drag on the markets today.
bit concerned economy europe market pressures says shake statement tomorrow
If there is a statement out tomorrow that says the U.S. economy is still sizzling and we are still concerned about inflationary pressures ... then that will shake up the market a bit and that will reverberate back to Europe and the UK.
earnings exactly general indication looking markets outlook people picture positive proving
The earnings picture in general is proving to be a lot better than people expected. The outlook for earnings is still very positive so these markets are doing exactly as you'd expect. There's no indication yet they're looking tired.
drive equity helping markets
The combination is helping to underpin equity markets and should drive them higher.
looks market somewhere wants year
The market is up and wants to go higher. It looks as if we'll get to somewhere between 5,600 and 5,700 by year end.
ahead cap fed less likely market moved progress rates
The market has moved ahead and made progress, and that's with rates rising. The Fed is likely to cap rates at 5 or 5.25. Rates will be less of an issue.
banking earnings fact factors higher interest last major market moment pushed rates stop year
The market is really banking on the fact that all the factors that pushed it up last year are going to do so this year. The only thing that will stop it are higher interest rates and earnings disappointments -- at the moment it does not look like you are going to get any major earnings disappointments.
corporate earnings economic global growth outlook remains supported
Corporate earnings growth remains supported by the outlook for global economic activity, which is improving.
bond everywhere happens lead rise start turn wall yields
That would lead to a rise in bond yields and in turn start to make equities look unattractive. If that happens on Wall Street, it's going to happen here in the UK, it's going to happen in Europe, and everywhere else.