The earnings season got off to a very bad start with Intel Corp and Yahoo and investors are finding some relief today that they were not necessarily indicative of what we can expect for the rest of the fourth-quarter earnings season. |
The market has been languishing for the last couple of days over concern about rising interest rates. But we've seen a little bit of relief there and you've also seen oil prices come off. It still doesn't feel if there is much conviction behind the move. |
The market has run out of steam here, at least in the short term. |
The PPI numbers support recent evidence that we are in a benign inflationary environment, |
The PPI numbers support recent evidence that we are in a benign inflationary environment. |
There is nothing specific to today's market that is driving us higher. If anything bad news has significantly outweighed good news, particularly given Intel. |
These were hardworking people, ... And they plunged in and managed to create great products. Then someone comes along and says, 'Oh no, that was aliens just whispering in your ear, giving you the ideas.' |
Until investors get an idea as to where rates are going to go from here, that's likely to keep a lid on the equity market, even with expectations of strong earnings in the first quarter. |
We moved up this morning relatively quickly up against the highs of last week, and that just so happens to be also the top of the range that we've recently been trading in on the S&P. We ran up to those levels and we're seeing a little big of profit taking as a result. |
We work on a case-by-case basis but sometimes the emergencies involve more people than we can accommodate and are more expensive. |
We've been having a tough time raising money locally because major disasters have impeded our attempts to generate money for our own programs and services. The restaurant program last year raised more than $1,200. This year we're hoping we'll reach $5,000. |
We've been to $3 million homes in Bloomfield Hills. We've been to homes by the lakes. We've been to houses in new developments where new homes are still being built on the same street. It is crazy how busy we are. |
You have to be mindful it is not the individuals, it is the structure of the PSC that is failing the people of the Virgin Islands, ... I think the solution is for us as policymakers to bring legislation that will change the structure to make it work. |