The Fed cut 100 basis points (one percentage point) in January and we've got another 50 under our belt now. Monetary policy is a slow moving beast and ultimately it's going to take some time to turn this economy around. |
The Fed is going to probably to continue to cut rates .. the question now is what's really holding the market back is how slow is our economy going to go?. |
The Fed is probably going to stay on the sidelines going forward. |
The issue with this quarter lies in the fact that you have hurricane-related issues playing into the fray. I think it's going to make for a somewhat murky earnings season, |
The key thing would be to see if the concept of 'measured' is removed from the Fed's psyche, |
The market continues to be correlated with oil prices, and the volume is thin, which tends to exacerbate any moves the market makes, ... That having been said, we have managed to recover from the morning's lows, which is a positive. |
The market continues to be correlated with oil prices, and the volume is thin, which tends to exacerbate any moves the market makes. That having been said, we have managed to recover from the morning's lows, which is a positive. |
The market is not going to be applauding this, |
The market is side-stepping the summer sweats. We're doing a good job of dodging the day's corporate governance bullets, |
The Nasdaq is just licking its wounds and trying to rebuild. There's a lot of cash on the sidelines and there's some mild buying here. |
The Nasdaq is probing for a bottom. |
The stock market is still hung over after Greenspan's speech yesterday, |
The stock market is still hung over after Greenspan's speech yesterday. |
There is just no good news out there right now, and people are not willing to get involved in the market going into a weekend. You've got a buyers' strike going on. |
There is no closure from these numbers. Nothing has been sorted out. |