Inflation appears to be muted,

Investors are back to looking at the economy, corporate earnings, and unfortunately the continued saga of corporate shenanigans,

We're beginning to come out of a recession. It's now a matter of just how meaningfully the economy can recover over the next quarter or two,

Investors are being cautiously optimistic. There's a desire to put money back into the market based on a feeling that the worst of the economy may be behind us, ... However, there's not enough evidence of that.

the expectation is there will be a fairly strong stream of earnings disappointments in the second quarter.

We're still early in the game. I think what we saw was a rally that we've seen before over the last few years. We've had big one-day rallies that didn't really show any sustainability -- so my hope is that the market will hold here.