Where macro guys and economists such as myself get it wrong is we've become economically euphoric as rates are going up, but that's the restricter. When rates are coming down that's the stimulant. From the April high they've gone from 4 to 2.4%, that is hugely stimulative. So, in our view, you're going to have much better than expected economic activity over the course of the next three to four quarters and that's going to further increase earnings growth which will ultimately end up in a stock-friendly way.
~Tony Dwyer, chief equity strategist, Collins Stewart, CNBC "Market Breakdown", November 8th, 2010