Graded a c by her own. Hes a tough grader. Nasdaq outperforming several momentum names in that index bounce back led by nvidia back 900 bucks. Oracle is the best and s p following its earnings report. That after naming a new ceo. And all takes us to our talk of the tape which is all about the rally. Is it running out of steam . Is it taking a momentary breather . No real breather at this moment as we come on the air. Lets ask archie Market Strategist for j. P. Morgan asset management. Welcome back. Reading through your notes, you sound really positive on this market. We do some positive. First on the fundamentals for the economy we see growth normalizing this year 2 , but zero recession in our base case. We see inflation also moderating towards 2 by the end of the year. You still have a pretty resilient nominal growth backdrop for companies. Resilient Revenue Growth area and at the same time it seems to us the big take away from Fourth Quarter earnings was a bottoming in the margin fro
Taste of bertha, the storm is well offshore but creating heavy surf and rough waves, surprising seasoned swimmers. I wasnt expecting it, it was not that big a wave but it knocked me over and we have come here for years, this is the toughest waves i have ever been in. A big wave hit everyone and a lot of people went under, i was trying to get up and i sprained my leg. The wave of Energy Tumbles people around and they get pulled out. Waist deep only lifeguards are on high alert and so are parents. Everybody is on edge watching, even when you are standing there the water is going crisscross, its pulling your feet. Lifeguards will to help a brother and sister when they got caught by the churning ocean and they conget back in. Surfers were having a ball and the rough surf spit out this surf board by keeping banlers in water. There are holes, if you step in a hole, are you up to your neck, its really dangerous. Dangerous indeed. No kidding around its rough out there, they are keeping swimmer