We have good earnings today, but there's just too much good...

We have good earnings today, but there's just too much good economic news. We're increasing the likelihood of a rate hike in June. The data are coming in stronger than expected, so the Street is expecting another hike. The better the news, the more likely the Fed will tighten. It's a strange phenomenon that good news can be bad news.

Larry Wachtel Quote About Bad, Coming, Data, Earnings, Economic: We Have Good Earnings Today...

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