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Reachable . Gus brown, pie in the sky forecast or is this legitimate tax liabilities a reduction are lead to Margin Expansion, share buybacks, 20. 5 times multiple as earnings go up and that gets you 3,000 on the s p. I mean, its not pie in the sky historically, but theres a decent probability that that could happen doesnt mean it will happen or anyone can actually foresee that happening. I think he makes a good case though i thought the note was fairly rational, but think about it, he could have written the same words on the same page and said 21 times or 19 times so the art of the p that goe...

Feds final meeting of 2017. Jim lebenthal, the question is this will we look back and say this marked the beginning of the end . I dont think so. First off, this particular move is well telegraphed so the market expects it and the question of what will upend this market is any time you see Profit Growth in any way interrupted, and on that front its hard to see anything coming up look, you wont have any news until the middle of january or early january when Companies Start to report and they are more likely to be positive, particularly if a tax bill does get inacted even if theres negative news...

Highgrowth names got nailed today, facebook, amazon, google, starbucks falling hard. What is it about the high Growth Stocks getting punished . What does this mean for the broader markets, if anything . B. K. , what do you say. For the high Growth Stocks we know that this has been the quote, up quote crowded trade. Look what happened today in multiple markets. A lot of people ask me what happened with the dollar today. One of the big trades out there was to be long european equities and short of euro, but when the dollar started to fall that meant that people had to unwind that trade which the...