Those three things could line up to make (a rate hike in)June a real possibility. Brian Jacobsen More Quotes by Brian Jacobsen More Quotes From Brian Jacobsen The bias is to extend the current rally mainly because (U.S. economic) data that we've gotten so far has been supportive. Brian Jacobsen company-news Discretionary could send a signal to the market with good second-quarter guidance, strong numbers would mean the economy will avoid recession, and could send (the S&P 500) to new highs. Brian Jacobsen business Right now, you could track the direction of stocks when you see where oil is trading. Brian Jacobsen company-news If the Fed puts too much emphasis on global developments, that could really harm sentiment. Brian Jacobsen company-news Some of the (market) fears may be comforted if we get good numbers out of China Monday evening. Brian Jacobsen company-news While this report can help justify a rate hike in December, it can't justify anything more than a very gradual path of rate hikes. Brian Jacobsen business The Fed has dialed down its anxiety over international developments, but it's best to play it safe. Brian Jacobsen business The Fed is taking baby steps towards a rate hike, the Fed is doing a good job getting people ready for a rate hike before year's end, making it likely to be a low-impact event. Brian Jacobsen company-news Unless the market takes a big jump here without any increase in earnings or revenue, then I'm leaving my money on the table. Brian Jacobsen business The deflationary data suggested the ECB will be justified in doing more and that is probably what people are betting on right now. Brian Jacobsen company-news You can also attribute (higher equity prices) to prospects of continued growth in the U.S.. Brian Jacobsen company-news I think we’ll see some healthy consolidation take place, some may wither on the vine, but technology has improved to make it profitable to extract at a lower price point than last year. As a result, we’ll probably see some opportunistic buying. Brian Jacobsen business The renaissance isn't over, it's just maturing. Brian Jacobsen company-news