Last night, I did an interview with Melissa Lee and CNBC's "Fast Money" team, and I had a lot of fun doing it.
Here is the tape of the segment.
Melissa started by referencing my generational bottom call back in March and asked where do we go from here? I said that I am sticking to the call. I don't believe that we will see 666 on the S&P 500 again in our lifetime or certainly not before Karen Finerman's two sets of twins give her grandchildren! We have achieved my precise S&P March objective of 1,050-1,070, which seemed an insanely ambitious target back then. (Not surprisingly, we recently overshot that target to the upside last week.)
That said, I mentioned that I have gotten progressively more bearish in recent months. That view has been premature. More ...
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