Few people thought that he would be that explicit. We're getting closer to the end of the Fed interest-rate hikes. |
My sense right now is that we're in a trading range market. I would be looking for a pullback. |
My sense right now is that we're in a trading range market. I would be looking for a pullback. I don't see any major catalysts that would propel stocks on the upside. We have nervousness over the situation in Iraq, and I'm frankly concerned about reports out of Saudi Arabia. |
The biggest reactor to the productivity numbers will be the Fed. Productivity has been the safety valve for inflation. |
We're coming to the end of the Fed interest-rate tightening cycle. That usually isn't a bad time to start looking. |
We've seen political crises before rise and then cool off. The hope is that we would also see some cooling off of the Iranian situation. |