Cary Leahey Quotes

But ... the trend in unit labor costs is still declining and I would argue that the market and the Fed will say that this is a one-time surge. - Cary Leahey

Bond prices rose because the market was excited at the idea that the number of further rate hikes needed would not necessarily be large. The market is thinking that the Fed has two more rate hikes to go. - Cary Leahey

A Fed move in late summer is a high probability bet right now. - Cary Leahey

[Yet while sentiments are that small-caps will rise as long as large-caps remain strong, some on Wall Street believe the bull market has a limited outlook for the near term.] Let me put it this way, the market is more likely to be down 10 percent (in a few months) than up 10 percent, ... But I don't look for any big correction. - Cary Leahey

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