Quotes from the news wire:
The dollar could inch even higher if not countered by more assertive moves particularly by the European Central Bank( ECB), which meets this week to deliver a second rate hike to combat rising inflation within the The Euro.
Found on CNN 6 months ago
We need to see more of a peak panic before investors are convinced it's time to go in.
We can expect, perhaps, if this continues through the night, a weaker open. The fact the 10-year yield looks like it may push down is not a good sign for the equity market.
Is there an all clear signal for the broader market ? No. You're going to have to take things quarter by quarter, that's why it will be important to focus on quality companies with strong cash flows and steady dividends.
Found on CNN 3 years ago
After this strong run, day after day of the market gaining, it stands to reason that ... you're going to see the market flat or even some profit taking.
It's a quiet market after a week of gains, compared with last year at the same time, it's a major relief as we go into the period of much lower volume.
The market is waiting to hear from the Fed... and whether they will deviate at all from their latest stance - and I call it an active dovish position - and to see if they continue to lay the groundwork for a rate cut perhaps later in the summer.
There are still concerns over geopolitical risk.
Equally there's a European Central Bank meeting and a Federal Reserve meeting next week. Both are paramount for the market's direction.
There's caution associated with the G7 meeting which historically is neutral for the market. This G7 meeting doesn't fit the template particularly with regard to trade.
Low volume is fairly standard at this time of the year and August tends to be a very choppy month, if you have low volumes, it could skew the market in any direction, and that's what you have today.
What this report does is it assuages fears about the economy losing momentum, that’s been weighing on the minds of investors.
What this report does is it assuages fears about the economy losing momentum. That’s been weighing on the minds of investors, in order for the market to keep going higher, there needs to be assurance that the economy is on solid footing and that the most important component of the economy, which is the U.S. consumer, is still gaining.
The market is positioning for a 'remain' vote, so you see the fear and uncertainty trade unwinding right now.
The broader question is whether the economy is gaining the kind of momentum and traction that we need for a market that has been looking toward new highs, no one is out to suggest the economy is doing a major turnaround because of this number, but we now need to see a clutch of data that suggests that this is a one-off.
They need other parts of the business to pick up but at the very core it is about interest rates.
You heard one after another during the earnings season talk about the difficulties - they're cutting, they're closing stores, the fact of the matter is there have been questions about retail spending, and valuations overall in consumer discretionary were rich.
By June they will have a broad clutch of data and that could help them, and even some of the doves the Federal Open Market Committee, to come to a solid conclusion (on the desirability of a rate hike) and a conclusion, by the way, that the market agrees with.
Oil prices rising, it helps emerging markets, the notion that the Fed has no rate hike in March, it helps emerging markets, right now, over $30 (oil) is helpful for the tone in the market.
The oil story is not going away, as (U.S. crude) continued to push downward, it is affecting the market.
We should enjoy the rally and perhaps wait until we transition into the new year to focus back on fundamentals.
In many ways he was trying to undo some of the damage from the perception that he didn't do enough.
Most likely, there will be more volatility in the market and part of the reason is oil prices and the worry that somehow the price of oil is a reflection of inflation and deflation, the lower [oil] goes, the more it is a deflationary barometer. The lower it goes, the more difficulty the Fed has raising rates.
Most likely, there will be more volatility in the market and part of the reason is oil prices and the worry that somehow the price of oil is a reflection of inflation and deflation, the lower goes, the more it is a deflationary barometer. The lower it goes, the more difficulty the Fed has raising rates.
The slowdown in China feeding into a slowdown in Asia, and the question becomes how much of that is feeding into the U.S.?
If you start seeing the unemployment rate come down with a broad swath of jobs being created, it should be positive for the housing stocks.
It's a market that's searching for a rationale at this point ... and waiting for next week's (Fed) meeting.
From Yellen, markets want to know whether or not she continues with that direction, any color that you can give to the debate on expectations for liftoff will certainly be picked up by the market.
Companies have been more interested in share buybacks than capex.
I think that hearing assuaged fears - at least for now - that we were headed for overturning of Obamacare.
These numbers suggest the underlying strength in the economy continues and that will manifest itself in GDP growth.
The proof is that oil turned down and the market said, 'Oh, that was yesterday's news, today we're moving ahead,'.
Some of those who were caught in the meat grinder of what happened with energy ... may be wanting to make up for performance now.
The anxiety over the Fed meeting has abated for now, with the Fed using that word 'patient', you had the beginning of the proverbial Santa Claus rally.
Perhaps markets think the Fed will not be as on-schedule on taking out that language.
Quote of the Day Today's Quote | Archive
Would you like us to send you a FREE inspiring quote delivered to your inbox daily?
Use the citation below to add this author page to your bibliography:
"Quincy Krosby Quotes." Quotes.net. STANDS4 LLC, 2023. Web. 25 Mar. 2023. <https://www.quotes.net/authors/Quincy+Krosby+Quotes>.
Share your thoughts on Quincy Krosby's quotes with the community:
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
You need to be logged in to favorite.