Quotes from the news wire:
The market is getting incrementally more comfortable that if The Fed is going to raise rates The Fed's doing The Fed for the right reasons, we've been obsessing about it for so long and maybe its finally dawned on the market that the' when' doesn't matter as much as how far and how fast The Fed will go.
The Chinese market went up overnight for the first time in several days and our GDP reminded everybody that the U.S. economy is not going into a recession, people are just taking a second look at what caused the 10 percent correction in the first place. Not only is the Chinese market not connected to the global economy. It's not connected to the Chinese economy.
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