Charles Blood
Charles Blood
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.
economy economy-and-economics interested markets policy rate
Historically, markets are much more interested in things like how the economy is doing and what interest rate policy is than who is in power.
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.
direction investors
I think investors should be back in the market. The direction is up from here.
fantastic last perverse sort
In fact, if you wanted to be sort of perverse about it, the last thing I'd want to see would be fantastic earnings.
election elections fed likes stay
During an election year, the Fed likes to stay out of the headlines.
earnings
It doesn't matter. Earnings could be doing anything.
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.
bull correction ongoing rather within
I think this is another correction within an ongoing bull market, rather than something more substantial.
cross matter time until
It's just a matter of time until we cross 5,000.
companies mark talk
Analysts are not way off the mark anymore, so companies don't have to talk them down,
pessimism seem vulnerable
There doesn't seem to be the overwhelming pessimism that you typically see at a bottom. I think the market's vulnerable on the downside.
key market past period realize straight worst
We are now on are way back to new highs, ... The key thing to realize is we're past the worst. The market is not going to go up in a straight line, but the worst period is over.
clear nice
We are pretty clear into a nice correction,