Ernie Ankrim

What the Fed is telling us here is that they are not of the mind to put so much tightness read more

What the Fed is telling us here is that they are not of the mind to put so much tightness on the economy as to jeopardize modest growth in the year ahead, and the market is taking great delight in that.

The fear that the Fed will continue well into 2006 has been dramatically reduced, and that's why equities look so read more

The fear that the Fed will continue well into 2006 has been dramatically reduced, and that's why equities look so good.

Economic strength poses a possible risk that the Fed might find it necessary to increase interest rates even beyond May. read more

Economic strength poses a possible risk that the Fed might find it necessary to increase interest rates even beyond May. With that comes the risk that the economy could be slowed substantially, which is something that had been taken off the table at least in the last month.

I'm not exactly convinced that this market is overly bullish.

I'm not exactly convinced that this market is overly bullish.

The housing report today and other numbers from last week indicate more strength in this economy than had previously been read more

The housing report today and other numbers from last week indicate more strength in this economy than had previously been thought.