There is money out there which wants to invest in growth. Clearly a lot of people are seeing a healthy environment ahead.
More Quotes from Lex Werkheim:
The oil price has had its most severe drop in years. Meanwhile people are starting to wonder if this quick war scenario we are all anticipating is realistic, so we are seeing huge swings between asset classes.Lex Werkheim
Interest rate fears have waned a bit. Although inflationary worries remain, good earnings are supporting and the market seems poised for further upside. We could end the year on a positive note.
Lex Werkheim
I would say that this is definitely consolidation. I was very pleased with the productivity numbers and had hoped for a follow through today.
Lex Werkheim
After a bit of a recovery, the market is in a wait-and-see mode again. There is the usual window-dressing ahead of quarter-end,
Lex Werkheim
The way the bad news from Deutsche has been handled by the market shows we're not in bad shape right now. There seems to be sentiment change with the market looking at the good news,
Lex Werkheim
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