A Strong Dollar, the US Economy's Resilience and Bear Market Oil Prices

Joe Quinlan, Managing Director and Chief Market Strategist, US Trust-Bank of America Private Wealth Management in New York, discusses the poor external environment, the recent strong jobs report, Fed rate increases and timetable, a short-term market view, what it needs to find its footing and whether he thinks the Fed is justified in being concerned over the U.S. economy's ability to withstand foreign weakness and a strengthening dollar.

He also discusses the dollar index, what the strong dollar means for US corporates with foreign businesses and whether he thinks the USD has outrun fundamentals.

He also talks about the current bear market in oil and whether production cuts loom on the horizon.