“Considering the Fed has continued to signal that they're not finished raising interest rates, the market has done better than people would have expected in that environment.”
“Oil is starting to weigh on us a little bit. You ask yourself is the Fed really going to stop raising (rates) if oil and gasoline are at such high levels.”
“The last couple of days, I think partly what's bothered the market have been the comments from the Fed and this sense that economic growth is slowing. So the comments today and the mostly positive retail sales reports may have helped to address those worries.”
“People are sitting on their hands and waiting for the Fed next week. They're looking for the data and trying to see whether inflation's picking up, and whether growth will slow if the Fed does raise rates.”