The dominant influence (in the bond market) is the weakness in the Nasdaq. |
The Fed is telling us today they want to stay ahead of the economic curve. |
The friendly data such as the decline in the NAPM non-manufacturing added support, |
The friendly data such as the decline in the NAPM non-manufacturing added support. |
The government now agrees, after three years of inquiry and millions of dollars, that the evidence in the original case proves the terrorist convictions originally rendered by the jury. |
The lack of such short-term borrowing thus far in the current cycle seemingly contradicts the notion that a brisk expansion is under way. |
The lesson of the last half decade is the need to manage risk. In my judgment, the investing public is a lot more amenable to owning fixed-income securities now than at any time in the last 15 or 20 years. |
The market is trading very defensively. That is putting downward pressure on bond prices. |
The markets pretty well anticipated the context of President Bush's proposals. The euphoria is over and now the cold reality of Washington politics will dominate. |
The nations in Asia, Russia and Latin America have pressure to raise cash, so they are dumping their commodities on the global marketplace and that's pushing prices lower. |
The speech doesn't appear to have garnered any attention at all. His comments really weren't the focus. |
The stock market was euphoric over the data reported -- taking it as a sign the Fed will not raise rates over the balance of the calendar year. Inflation remains tame and the economy continues to grow. |
There is a lot of underlying strength in this economy, and as a result we do believe there are some inflationary risks down the road. |
There's a huge conviction in the Wall Street community that this will be a successful, surgical, short-lived military incursion. That it will not cause any collateral damage to oil fields, that it will not destabilize Middle Eastern governments and that it will not lead to acts of terrorism in the United States. |
There's no doubt that there's going to be a snapback. The real issue is whether the snapback is representative of substantial and permanent change. |