Alan Ackerman
Alan Ackerman
basis believe clearly cut economists economy fed feeling fighting individual investors points pressure rates rather slower
My feeling is the Fed hasn't clearly indicated that it's fighting a slower economy rather than inflation. Economists and individual investors would like to see the Fed cut rates by 75 basis points and I do believe that would take some of the pressure off the consumer.
companies fact lots lowering money moved people tech
Lots of money has moved to the sidelines, ... People are not comfortable with the uncertainty ahead, made up of the fact that many of the tech companies keep lowering their guidance.
capital economic market meaningful package responding shore soon stimulus
My sense is that the market is responding to the possibility that a meaningful economic stimulus package will be in place soon that will at least shore up some of the shortfall in capital spending,
catalyst earnings expected further immediate market nervous people recovery trading turn
My sense is that an earnings recovery is further away than expected and there is no immediate catalyst to turn this market sharply higher. We could have a trading rally, but on balance, people are still nervous about the earnings outlook.
august difficult earnings enter markets september
September will be as difficult for the markets as August as we enter the earnings pre-announcement season,
far
So far today, we've had an uninspiring, choppy session,
combined market solid tax
One more solid salvo from the Fed, combined with a tax cut, could be the combustible combination to get the market going.
coming earnings hardly ignore reports slowing state strength weakness
One can hardly ignore the strength or weakness of the earnings reports coming out nor can they ignore the slowing state of the U.S. economy.
buying current dust favorites settle suggestion
My current suggestion is to let the dust settle and look for buying opportunities, ... One of my favorites is Pfizer.
ahead cash doubt market moving players selling taking weekend
There's so much doubt out there ahead of this three-day weekend that many players are just selling into the market -- taking their cash and moving to the sidelines,
buyers dependent energy feeling foreign higher imports moved oil prices quickly related stocks work
There's a feeling that oil prices will work higher still. The U.S. is more dependent on foreign imports than it has been in a while, and with oil prices on the rise, buyers moved quickly into oil stocks and energy related stocks,
chasing fed genie technology
There's some technology follow- through, ... Some feel that the Fed is chasing a genie that's not yet out of the bottle.
concern inflation market narrow stock traded
There's some concern that there is inflation in the pipeline, ... And with the dollar's weakness, the stock market traded in a narrow range.
bargain encouraged hunters livable
It was a livable number, ... It encouraged some bargain hunters to go to work.