Jack Ablin

Right now, we have this positive confluence of earnings and economic news that has been propelling the market.

Right now, we have this positive confluence of earnings and economic news that has been propelling the market.

Economists are expecting a gradual slowdown in economic growth paired with a slowdown in inflation. That will allow the Federal read more

Economists are expecting a gradual slowdown in economic growth paired with a slowdown in inflation. That will allow the Federal Reserve to wind up its rate-hiking campaign.

I would infer from the statement that the Fed is somewhat more sanguine on the economic recovery. Perhaps they believe read more

I would infer from the statement that the Fed is somewhat more sanguine on the economic recovery. Perhaps they believe that $55 oil prices are, at least for the time being, something of the past and that jobs are just improving at a moderate pace.

People are taking some comfort in results and a feeling that the economy is getting better, but there's still some read more

People are taking some comfort in results and a feeling that the economy is getting better, but there's still some caution. We need to see more evidence of a sustainable recovery. We need companies to start seeing profits more through top-line growth than just cost-cutting measures.

It seems like the market is obsessing on this bond market fallout, which was somewhat precipitated by the move to read more

It seems like the market is obsessing on this bond market fallout, which was somewhat precipitated by the move to raise (interest rates) in Japan. A lot of the fuel that has been used to invest in this bond market has been derived from 'easy money' in Japan.