Philip Dow
Philip Dow
consumer economy hard negatives positives potential powerful resilience
The resilience of the economy and the consumer have been better than expected. You've got so many potential negatives that it's sometimes hard to see the positives for the market. But the positives are powerful ones.
coming earnings elephant focused immediate likely looking market negatives quarter seems
The market seems to be focused on the immediate negatives without looking at the elephant that's coming around the corner, and that is first quarter earnings are likely to be better than everyone expects.
focus market wants
For some reason, the market wants to focus on other things.
christmas days few left since surprise thinking
Everyone has been lulled into thinking that since we haven't yet had a Christmas rally, there won't be one. But there are a few days left this week, and I still think there could be a surprise rally.