James Paulsen
James Paulsen
biting message rates shut
There is no message out there that rates are biting enough to shut anything down.
coming prices profits pushing stock
Profits are going to keep coming in better for longer, and that's pushing stock prices up.
economy economy-and-economics fact focus market momentum profit rates stock strong
The stock market doesn't know if it should focus on the fact that the economy is strong and profit momentum is good, or that rates have to go higher.
continued driving economy evidence higher market missing people rates rising stock stronger waiting
What's driving the market higher is continued evidence that the economy is stronger than expected. While people are waiting for rates to peak, they are missing out on a lot of rising stock prices.
exclude growing highs household labor net record terms total
We've got total labor compensation growing at 6 percent. . . . We've got record-setting highs in terms of household net worth, and it's still a record high if you exclude housing.
bubble oil people talk
There are a lot of different things going on than there was ... People talk about a bubble in housing, but I think there is a lot more bubbleness in oil prices.