Marshall Acuff

Now reality is beginning to sink in -- that Asia is basically a long-term workout. I really don't see much read more

Now reality is beginning to sink in -- that Asia is basically a long-term workout. I really don't see much relief from Asia for quite a while. I think we'll get tired of hearing about Asia before the year is over, but it's really earnings that's key. It's growth that's really the issue.

You are seeing a broadening out of the market that we had not seen going from the 9,000 to 10,000 read more

You are seeing a broadening out of the market that we had not seen going from the 9,000 to 10,000 mark. This is a much more egalitarian market and that's a healthy development. It suggests a more sustainable market over time.

The market is on inflation watch.

The market is on inflation watch.

This market is on a roll. As long as we have an environment of slow growth, low inflation, low interest read more

This market is on a roll. As long as we have an environment of slow growth, low inflation, low interest rates, the market's going to go higher.

It's not clear that the Fed is going to move in June. Perhaps, the Fed moves late summer/early fall, if read more

It's not clear that the Fed is going to move in June. Perhaps, the Fed moves late summer/early fall, if even then. What is clear is that the economy's momentum, which was quite strong in the first quarter, is indeed slowing down It is also clear that profit momentum for the year is going to be slow.