John Shaughnessy Quotes
The market's responding positively to the fact that earnings were not as bad as expected. 
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Responding | Positively | Fact | Earnings | Expected |
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The market's responding positively to the fact that earnings were not as bad as expected.
- John Shaughnessy
I think frankly the Fed might even raise rates maybe 25 basis points, but that should be it, I think, for the rest of the year. And the market should breathe a huge sigh of relief that, plus the strong earnings reports for the second quarter. For example, operating earnings are supposed to be up 18-to-20 percent. So certainly the ingredients for a good strong summer and early fall rally are in place.
- John Shaughnessy