John Shaughnessy
John Shaughnessy
basis breathe certainly early earnings fall fed frankly good huge market maybe might operating plus raise rally rates relief reports rest second sigh strong summer supposed
I think frankly the Fed might even raise rates maybe 25 basis points, but that should be it, I think, for the rest of the year. And the market should breathe a huge sigh of relief that, plus the strong earnings reports for the second quarter. For example, operating earnings are supposed to be up 18-to-20 percent. So certainly the ingredients for a good strong summer and early fall rally are in place.