Mike Lenhoff
Mike Lenhoff
consumer key start sure
The key thing is to make sure the consumer doesn't start flagging,
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.
earnings global growth outlook people share view
The global outlook is OK, so that suggests that the earnings (growth) will still be there, and as long as they are, people take the view that the wherewithal for dividend growth and share buybacks will be there.
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.
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.
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.