What a day, Sarah? Thanks so much. Welcome to overtime. It's not over. I'm Scott Watner. You just heard the bells. We are just getting started right here. In just a few minutes, I'll speak with an investor called by one Wall Street publication one of tomorrow's Titans

can't wait for that interview we begin though with our talk of the tape the

question right now that is how much staying power this rally actually has.

For that answer, we welcome in the Wharton Schools,

Jeremy Seagull, the professor of finance there.

It's good to see you again, professor.

Welcome to our new program.

Hello, Scott, happy to be here. We've had a huge run as you know in a relatively

short period of time does it still have legs professor? I think it has some legs

but I wouldn't be surprised if we tested those January and February lows

because I still think there's going to be some hawkish surprises two weeks from today

we get the fed minutes I think they're going to reflect a very hawkish tone and then we're going to have that consumer price

report on April 12th.

And unless that's much better than expected,

I have to tell you, I think it's going to be 50 basis points

in the May meeting. And that don't we know that right I mean J Powell is

conditioning us for that already yeah I think there's going to be more than 150

and it's it's not going to be it's not going to be the

last one that said you know as I've been saying I think earnings are going to be very very good this year

and the battle between the numerator of the earnings and the denominator of the

interest rates is going to play itself out. But in these, I'm actually a little worried when I see the Vicks down in the low 20s

because it means that a lot of traders have taken off their hedges,

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