Michael Malone Quotes
The market has been languishing for the last couple of days over concern about rising interest rates. But we've seen a little bit of relief there and you've also seen oil prices come off. It still doesn't feel if there is much conviction behind the move. 
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Market | Languishing | Couple | Days | Concern |
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ISM prices paid came a bit higher than expected and that stoked some inflationary concerns... I am bearish on the market right now for two reasons -- the Fed has indicated it's going to keep raising rates and there's been recent evidence that gas prices are beginning to weigh on consumer spending.
- Michael Malone
