I think we are probably overbought here, and there's going to be a pullback, although stocks should move higher through the end of the year.

We are sort of due for a little bit of a digestion. When you run a marathon you have to rest a little bit. Ultimately the market will head a little higher.

The Fed announcement was no surprise, so you're seeing the market breathe a sigh of relief.

Stocks are not expensive. There's no reason to believe we can't go higher. I don't see inflation as a threat at all.

Stocks are not expensive. There's a lot of bad news the market has shouldered. I don't see inflation as a threat at all.

We're calling it a reverse conundrum. Markets are looking at growth as a bad thing, but if growth is too slow that's bad too.