The stock market is on one side saying earnings and the economy are going to improve, while the bond market and the Fed and the recent economic data are on the other, saying: |
The street was expecting a strong confirmation from Wal-Mart saying, 'Yes, we had a terrific Thanksgiving sales,' |
The techs have been beaten up for the past few months because the so-called tech spending recovery has not met expectations, |
The techs have been beaten up for the past few months because the so-called tech spending recovery has not met expectations. |
Their lives are a lot different from ours. We want to gain an understanding of their daily lives. |
Their story is programmable chips. When you get on that cellular phone, you want your high-speed communications and everything else. They are the heart of cellular communication devices, these programmable, customizable chips. |
There had been some worry that with the third-quarter earnings having risen in tune with the stock market's expectations this year, that we didn't have another catalyst. But now we see that that's not necessarily the case. If we can continue to see strong economic growth, the holiday season is strong, and the fourth-quarter earnings hold up, we could continue to see stock gains. |
There is the possibility that some of these big companies have been biding their time and could spring a few positive surprises towards the end of the quarter. |
They're saying they don't know if this is the time to take a risk. They have close to a trillion dollars in post-tax cash, and it's not doing any good for anybody. |
This has really become a spectator sport. When your team is up everyone is in the stands cheering and when your team is down, people are on the sidelines. But euphoria about the war going right and depression about it going wrong represents a very short-term view of the market. |
This is a healthy correction, not the end of the bull market. |
This is a very preliminary report, and it will surely be revised downward in the neighborhood of 5 or 5.5 percent, but even that is extraordinary, coming off of last quarter's growth, ... People know that it will be revised downward, and so maybe they are a little cautious today, but you need to look at the longer-term implications of this. |
This is a very preliminary report, and it will surely be revised downward in the neighborhood of 5 or 5.5 percent, but even that is extraordinary, coming off of last quarter's growth. People know that it will be revised downward, and so maybe they are a little cautious today, but you need to look at the longer-term implications of this. |
This isn't going to be a straight line going up. It's going to be a two steps forward, one step back thing, ... But I am not expecting a big sell-off here. |
This war situation is getting out of control. Buyers are on strike. Six out of the last eight weeks have been down. The action is completely emotion-driven. |