Mike Lenhoff Markets Quotations

Fundamentals remain positive for equity markets so our view is: stick with the trend, it's not the end, it's still your friend.

These bond markets seem determined to convince everyone that interest rates are going a lot higher than expected.

Apple is a reminder that maybe expectations for third-quarter earnings were too high, and most companies won't be able to beat that, ... The combination of earnings worries, with recent comments by Fed officials on inflation will drag on the markets today.

The combination is helping to underpin equity markets and should drive them higher.

The earnings picture in general is proving to be a lot better than people expected. The outlook for earnings is still very positive so these markets are doing exactly as you'd expect. There's no indication yet they're looking tired.