Al Goldman
Al Goldman
came close fed hikes rate saying
What they like is that the Fed came close to saying that the rate hikes are over.
reaction sharp slowing
What has been going on is a very sharp reaction to a slowing economy.
anyone averages consider contend happy major markets performance stock treading water
The performance of the major stock averages didn't make anyone happy in 2005. But when you consider what the markets had to contend with, treading water is not so bad.
bee queen rotten throw tomatoes
When you throw rotten tomatoes at a queen bee like Cisco, it splashes over on everyone else.
came claims expected fewer number
The productivity number came in better than expected and there were fewer jobless claims than forecast.
bull couple expect market months remember rock roll signs
There are some signs of fatigue. We're still in a bull market but it's important to remember that it's over 27 months old. We can't expect it to rock and roll the way it did even a couple of months ago.
above fear normal pause yesterday
We had a very big celebration yesterday but there is still a lot of fear in the market. We got above 11,000 and now we're retesting it in a very normal pause to refresh.
benign correction days earnings ended five healthy main market picture profit reason recovering remains rising row sea slowly taking technical three weeks
I think the main thing that's going right for the market is that we still have a very healthy economy, with rising earnings and benign inflation. On a technical side, I think the correction ended three weeks ago. The market has been slowly recovering its sea legs. We had five days up in a row on the Nasdaq composite, and that is the reason why the profit taking yesterday. But the big picture still remains very positive,
adjust along came economy election gave growth market patient recovering signs slowing trying until
The market has been trying to adjust to signs of a slowing economy and a deceleration in the growth of earnings, not a deterioration a deceleration, ... We were doing better until the election snafu came along and gave a just recovering patient a relapse.
arises creates employment high level problem wage
A high level of employment is not a negative, it's a positive?. The problem arises if, in fact, it creates wage inflation. And we're not getting that,
employment paid respects today
We paid our respects today to the employment figures.
turnaround
We do have preconditions in place for that turnaround in sentiment.
head kid possessed whose
The possessed kid in 'The Exorcist,' whose head spins around.