Paul Rabbit
Paul Rabbit
bias bit few next prevail struggle
It's going to be a bit of a struggle, but there's a seasonal bias that should prevail over the next few weeks.
additional gradual hikes might move process rate surprise toward
The surprise might be an additional move toward hinting that the process of gradual rate hikes is not infinite.
correct energy excuse given higher market might prices remains
I think higher energy prices might have given us the excuse to correct today, but overall, the market remains healthy.
bet outlook rest stocks year
I wouldn't bet the farm, but I think the outlook for stocks the rest of the year is pretty positive.
huge tired
We had a huge rally, we're tired and we need to consolidate. I think it's healthy.
dependent few happens next stocks storm totally weeks
It's all about the storm right now. What stocks will do in the next few weeks is totally dependent on what happens with the storm.
asset cheapest class estate money moving people relative stocks
That having been said, stocks are the cheapest asset class out there relative to real estate and bonds. You may see more people moving their money to cash, but for people who want to invest, that (stocks) is where it's going to go.
decline expecting headline market point pushed territory vulnerable
A decline at this point is not unexpected. We've pushed into territory where the market is only expecting the best-case scenario, so we're vulnerable to headline news.
good gotten harder market news optimistic stay
The market has gotten so optimistic and that's going to make it harder for it to stay that way. There's already so much good news priced in.