I Think This Rally Is a Bit Too Much, but Maybe We Give a Little Back?

I think this rally in general, has actually been a pretty big face ripper. I would agree that in the short term, i think equities probably have to give a little bit back because we went so far so fast. But that doesn't necessarily mean that we have to have something catastrophic go on. The real question is, what's the definition of soft landing? And it's also possible that in the third quarter we get a positive g d p number and then you're going to hear a bunch of people say, oh, see, it wasn't a recession, right?