We have fear of higher oil prices and the lower dollar against the yen.

300

We saw a lot of strength in the manufacturing sector in the NAPM report. That's why you saw bond yields rise today.

256

Back in December of 1996 when he gave his very famed 'irrational exuberance' speech, the stock market was actually fairly valued according to or models. This is very different, because the equity market is actually about 28 percent overvalued compared to our models right now.

252

This is very different, because the equity market is actually about 28 percent overvalued compared to our models right now.

237

The two-year auction didn't go well. People are using that as a reason to sell. ... We're in a bear market.

182

What we are seeing is a continuation of the relief that the Fed will fight inflation, but will do so gradually.

165

We have some inflation at the pipeline level, rising commodity prices, crude, material prices, things of that nature, but that inflation doesn't always get passed on to the consumer level.

164