“The market is only trading on about 13 times this year's earnings, which is hardly suggestive of irrational euphoria, and growth is still coming in quite strongly. I think there's an expectation that there will be further bid activity during the year.”
Andrew Bell
“There is some nervousness in the market about U.S. rates after last week's euphoria, when everyone was so sure that the rate will stay flat.”
Daniel Negrisori
“[But because the bond market -- particularly the U.S. bond market -- was in a state of euphoria before last, fall with yields near record lows,] no one really realized that that was the case, ... People were looking for anything with a return of more than 5 or 6 percent.”
Andrew Pyle
“You always get a little first trading session euphoria, which is partly psychological and partly technically related to inflows.”
Michael Panzner
“This euphoria is probably going to wear off for the Nasdaq and Dow coming into tomorrow.”
Art Hogan
“no grounds for euphoria.”
Bernd Pischetsrieder
“a lot of euphoria (and) very high valuations.”
Eric Miller
