Bernie Picchi - They say that the market rises on a wall of...

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They say that the market rises on a wall of worry. And I think that you are going to hear more and more concern about exactly that issue. [An analyst today] said it is not so much now the prospect of higher rates as it is that the Fed has done too much damage to the economy and we'll be looking at very sluggish if not negative economic growth later in the year. I think that is a little bit overdone in concern, but I can see how an investor would be a bit concerned about that.

Bernie Picchi

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