It should be no secret now that China is trying to move from a manufacturing to a consumer economy. That’s been in the news for a while. This is a huge overreaction, the consumer economy continues to improve in China. On such a big base now, it just can’t grow at 10% forever.

Aaron Jett

Categorized in : Latest Headlines

If there is another shock, people will identify that as a trend and there will be recession worries, even if the jobs number is good, we still think the Fed can use Brexit as an excuse to not raise rates.

What did the best the last three days... are pulling back the mos... by Aaron Jett

What did the best the last three days... are pulling back the most today.

What did the best the last three days, meaning financials, energy and biotech, are pulling back the most today, so that certainly makes sense, and it just looks like profit-taking today.

Demand has been pretty decent and continued to grow, and it should continue at a decent clip. But will it be enough to soak up enough supply in the U.S. market? Probably not.

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I think the market has just written off the first-half of the year, we're just waiting for the dust to settle with the strong dollar and the oil prices and nobody really knows what the effects will be.