But he said much of the upward move in overseas markets "is more a late '96 into '97 event."
Just look at what happened after the Fed's last upward move.
There's a fear of cutting back too far and missing an upward move.
That was definitely an upward move in his career.
More likely is a strong upward move in the last half of the year.
He was quick to point out that all were upward moves.
It's the only song in the top five that made an upward move.
A further upward move in interest rates would merely accelerate a trend of the last month.
At the same time, that raised the possibility of an upward move in interest rates and some concern about inflation.
Indeed, the upward move in rates so far this month has been striking.