I think we're very close to the end of this particular correction. The bull market's not over by any means. We need several increases in interest rates before stocks top out.

Long-term, the bull market is very much intact. Near-term, we're severely overextended. It wouldn't surprise me to see a correction.

Long-term, the bull market is very much intact, ... Near-term, we're severely overextended. It wouldn't surprise me to see a correction.

the bull market doesn't end with a friendly Fed.

You don't start a new bull market with 4.3 percent cash and I don't see a rush by the public to come in here.