A year ago we thought $70 (for a barrel of oil) would be the death knell for consumers. It wasn't. |
Casey had a big ego. He knew that he could manage when he came to New York, and he had this tremendous desire to succeed. His humor camouflaged this tremendous desire for success, glory and respect that he so desperately needed. |
Front and center would be concerns of the storm approaching tomorrow, of which you're seeing crude oil trading up $4. |
He was a solid journeyman ballplayer. He was also an intelligent player. |
I only became a fan of baseball when I was 14. |
I was extremely fascinated by Casey Stengel. He was really such an intelligent guy, displaying an American wit, typical of one from the Midwest and the great author Mark Twain. I have always had a great curiosity, and I wanted to dig until I found what made this man who and what he was. I found that he was an incredibly funny guy with tremendous observational powers. Some people loved him and others hated him. |
If we continue to see sharp hikes in yields, then stocks will face tougher competition from bonds. But if bond yields can stabilize here, or just move up modestly, stocks can tough it out. |
In general, there's still a decent amount of momentum coming off the start of the year, which typically tends to support the market. Stocks should hold up well assuming we don't get a sharp rise in long-term (bond) rates here. |
Oil prices will continue to be a nagging concern. |
Over the past month or so Fed governors have been quite hawkish in their language, ... I think they've pretty much prepared the market for continued rising rates. |
Over the past month or so Fed governors have been quite hawkish in their language. I think they've pretty much prepared the market for continued rising rates. |
The market probably hit a trading bottom last week, and sentiment is negative enough to suggest we'll see a rally, |
They can take the players they're given and by deploying them in a clever way, swing the pennant race not by 10-20 games but by a few games. |
To me, valuation on the average stock has reached fully valued territories. If you look at price-to-earnings-ratios, they're within 7% of the all-time high. |
We believe that this was an accident, and we believe that [the charges are] based on a witch hunt by prosecutors. This was an accident, and no one is to blame. Accidents happen. |