The election is really undecided, and I think that keeps the market locked in a range right now. Day to day this week, I think people need to watch the price of energy and see how Wall Street is looking to position itself for after the election. |
The financial stocks, which could be a good indication of interest rate sentiment, are up. You want to see the real interest rate sensitive stocks participate. |
The fourth quarter is going to be volatile and trying, ... I don't think the market has fully discounted all the negatives in front of it, including the hurricanes' impact on the economy, higher energy prices on corporate profits, and higher inflation. |
The fourth quarter is going to be volatile and trying. I don't think the market has fully discounted all the negatives in front of it, including the hurricanes' impact on the economy, higher energy prices on corporate profits, and higher inflation. |
The idea is that interest rates will affect the old-economy companies more, because they are more interest rate sensitive. You will probably have less of an effect on technology stocks, and there is a lot of bargain-hunting going on. I think investors are a little more comfortable coming into these blue chips down 30 percent. |
The inflation story has been the ongoing story for the markets since the Fed raised rates at the September meeting. |
The intermediate background look in terms of interest rates peaking and the economy slowing to a more sustainable pace without any undue harm is slowly going to play itself out, ... I would be very shocked if the GDP came in anywhere higher than estimates because Wall Street is already expressing its confidence that the economy is slowing down. |
The intermediate background look in terms of interest rates peaking and the economy slowing to a more sustainable pace without any undue harm is slowly going to play itself out. I would be very shocked if the GDP came in anywhere higher than estimates because Wall Street is already expressing its confidence that the economy is slowing down. |
The likelihood of inflationary pressures is increasing. The likelihood that the (Federal Reserve) is going to do something is increasing. |
The market did improve with the housing data. Market trends day to day are really influenced by how the bonds have been trading. When the rates have gone up, equities have suffering, when rates have gone down, the market has been optimistic. |
The market gets extremely concerned on (long-term) interest rates when they get above 6 percent. |
The market has created this wealth effect because there have been a lot of gains over the past two or three years, ... That has provided the ability for consumers to increase spending on regular goods and luxury goods. |
The market has got to find a catalyst. The only catalyst out there is earnings. |
The market has quickly forgotten yesterday's good commentary from Mr. Greenspan and has focused on a quality-of-earnings issue. It's almost like investors are looking for a reason to sell. |
The market has some power today. Continued lower energy prices and the belief that the economy is rebounding off a poor fourth quarter are assumed to be behind the move today. |