Alan Skrainka
Alan Skrainka
hikes imply seems speech
If you read the speech, he seems to imply that those hikes aren't enough.
address economy fed generating higher hot inflation interest
The economy is way too hot and is generating inflation pressure. And the Fed is going to have to address it with higher interest rates.
earnings economy growing moves
If the economy is growing, companies' earnings are growing and that moves the market.
continues economy market reports rest struggle
The rest of the market continues to struggle with reports that continue to show the economy is too strong.
event major next sector technology
The next major event is Microsoft's response, but I don't think that's significant. It's significant but not to the technology sector as a whole.
drop great history largest last potential six stock year
Over the last six years, we have experienced the largest drop in price/earnings ratios in the history of the U.S. stock market, going back to 1871. 2006 has the potential to be a great year for stock investors.
business economy great happening overall owners small stake stock
Small business owners have a great stake not only in what's going on in the stock market, but what's happening in the overall economy as a result.
accounting market period transition
The market is nervous. We're in a transition period as we get through all the accounting issues.
fed prepare
The Fed often overshoots and I think you have to prepare for that outcome.
august fed hike inflation leave people rates risks saying toward waiting
People are waiting for the Fed. I think the Fed will leave rates alone, probably say that the risks are tilted toward inflation and people are also saying they'll come back in August and hike again.
catalyst holiday people weekend
I don't see people making big commitments. It's a holiday weekend and there's just no catalyst to get things going.
acted analysis customers earnings fed growth guess market neutral next overall points practice price promptly service shifting solid technical trend year
We feel we can do a service to our customers if we just get the overall trend right. We don't really practice technical analysis or try to guess the price points next week. But the trend does look like it's higher, because the Fed now is probably shifting into neutral earnings are very strong. And because the Fed acted promptly they ensured we would have another year of solid growth next year. That is what the market is anticipating.
drives fed hikes inflation line low market next pressure psychology rate short
We think, in the short run, psychology drives the market but in the long run, fundamentals drive the market. We see very low inflation and no inflationary pressures. We think, going forward, expectations have come back down in line with fundamentals and we won't have the pressure of Fed rate hikes over the next 12 months.
areas cancer fastest great growing pipeline
We think they do have a great pipeline in the areas of cardiovascular, cancer and AIDS. These are the fastest growing areas in the pharmaceutical industry.