Mike Lenhoff Moved Quotations

We have probably moved ahead of ourselves. The market is not expensive but it has moved quite forcibly upwards.

Pretty much everyone has been overwhelmed by the way in which the market has steadfastly moved higher. But valuations are still satisfactory because the earnings are coming through.

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.