The ingredients are in place for a nasty correction, |
The lawsuit challenges the practice of the Minneapolis School District of using Abraham Lincoln High School as a warehouse for immigrant high school aged students. Students sat in mainstream classrooms for years, not understanding what was being said, or what was being taught. |
We got a green light from the Fed last week and we got a green light from the bond market in Thursday. My sense is that over the next three to six weeks the market is going higher. But I would be thinking more in terms of selling rather than buying here. |
We got a green light last month when the Fed decided not to raise rates, then we got another green light when the bond market rallied last Friday, ... The balloon is still blowing up. I'm staying defensive. I still say the bubble is going to break. I just don't know when. |
We were a bubble team; this was a signature win. Hopefully, we'll be able to get in. |
We're at the stage of the market where it seems to be detaching from historical fundamentals. |
What's astounding is that we've got high growth without inflation, ... there is a level of labor market tightness that will generate wage inflation. |