Ryan Larson (born June 8, 2000) is an American professional basketball player for CBet Jonava of the Lithuanian Basketball League (LKL). He played college basketball for the Wofford Terriers and the Charleston Cougars. (wikipedia)
One thing we need to watch is that he doesn't keep the screws on too tight and go overboard with these hikes. Everybody was looking for some language that would suggest a pause near these levels.
The key point is that they're finally really positive on the economy and really optimistic that this inflation is under check. What do you have backing that today? You have news that factory orders are strong.
When we first started I was really excited.
Once the S&P broke through that, it was kind of a herd mentality: One goes, they all go.
The message this week is pretty simple: People are looking for an excuse to buy stocks rather than sell stocks. A year ago, $70 oil would have been the death of us; today, the market is able to digest it and look for positives.
There are still so many uncertainties with the Fed, with what's going on in Iran. Until those get resolved, where are we going to go? What's going to be the catalyst to buy this market?
Earnings season didn't provide the kind of catalyst investors were looking for. Guidance going forward was very lackluster.
