I dislike getting involved in debates on the stock market when I am enjoying an old-fashion rum punch at a beach bar in the Caribbean, but I couldn't resist interjecting.
"We'll see how the coming slowdown plays out," he said, and turned back to his discussion.
The coming slowdown?
More may be coming: the last week of November tends to be the strongest week of the month, Ryan Detrick, chief market strategist at Carson Group, has noted.
As for earnings, which are the lifeblood for the stock market, forward earnings estimates for the next 12 months stand at record highs.
Persons:
I's, Ryan Detrick, Detrick, Fundstrat's Thomas Lee, Oppenheimer's Ari Wald, Webush's Dan Ives, BMO's Brian Belski, Bespoke's Paul Hickey
Organizations:
EU, Hamas, Forbes, Bloomberg, Carson Group, LSE
Locations:
Caribbean, Antigua, British Commonwealth, London, England, American, China, Russia, Ukraine, Israel, U.S