Larry Rice Conviction Quotations

There is no conviction. Is the economy slowing down or is the red-hot momentum continuing? I think people are really shell shocked by the crazy volatility.

There's no conviction for a sustained move but there's just an ongoing rotation, ... Everyone knows now that (interest) rates aren't going to go up for awhile so it's just a recycling of the same money.

It's a very tentative-type market where people are going to opt for safety and wait it out. I think there's just a lack of conviction here.