We see inflation rearing its head across the board. Contrary to what a lot of people have been saying, it's not just energy.
More Quotes from Barry Ritholtz:
If you look at which sectors have done particularly well this year, including home builders, mining, energy, other commodities, they have done well because of unusual factors, ... such as the still historically low interest rates, which are already rising, or demand from China for commodities.Barry Ritholtz
Markets don't make a top and then slide, topping is a process. Typically markets make an initial top, back off, try to surpass it, and can't do it.
Barry Ritholtz
Regardless of whether this upcoming release shows inflation today, given the supply shock to oil, we're expected to see inflation move higher in the next few months. It would certainly put a fork in the concept that the Fed has the opportunity to pause.
Barry Ritholtz
I don't think this has much of an impact on the U.S. markets, barring some bit of tomfoolery in the Middle East.
Barry Ritholtz
We've got a nice snapback today. We got shellacked over the last few days, so it's not surprising to see a little bounce back.
Barry Ritholtz
When Greenspan spoke the market rallied, and when he stopped it gave the gains back.
Barry Ritholtz
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Based on Topics: Energy Quotes, People QuotesThe great questions of the day will not be settled by means of speeches and majority decisions but by iron and blood.
Otto von Bismarck
I just feed off the energy of the audience.
Larry David
I don't remember a drama on TV that had shown a couple could be married but still love each other very much, spend every day as if they were still on their honeymoon, be sensuous, and have fun together.
Aaron Spelling