David Joy Might Quotations

You might have a situation where the Fed raises rates, modifies the language a little bit but intends to keep on going. If the market assumes that it's one more and done that might be a misread.

Normally I'd say it's just a number but I think it's relatively important this time around. If we break through 11,000, it might be indicative of a general feeling that the economic expansion is more broadly based.