Alfred Kugel
Alfred Kugel
direction generally happen market oil opposite prices tend today
Generally the market will tend to go in the opposite direction of oil prices and sometimes oil shares, but that didn't happen today yet.
call christmas claims claus close either expect far given gotten low lump moves santa sliding suspect volatility week
Unemployment claims were OK. I suspect we're still in for low volatility sliding up to the close tomorrow. I don't expect any big moves in either direction. That's disappointing, given that the week between Christmas and New Year's is what we call the Santa Claus rally, and so far all we've gotten is a lump of coal.
couple cross currents difficult fact fed inflation investors next people pick policy proper slowing
We have a lot of cross currents right now and so it's very difficult for investors to pick out the proper path. People like myself think that things are in fact slowing down some, that inflation is not a significant problem, and that while the Fed may tighten policy once in the next couple of months, they really probably don't need to.