Anthony Crescenzi
Anthony Crescenzi
clinton happened hurt market people report stock yesterday
In the morning, many people thought the Clinton report would hurt the stock market - but it happened yesterday and Wednesday.
downside exhausted itself market
In a sense the market exhausted itself on the downside yesterday,
admitted cause fed greenspan market might news past reactions response sending signals sudden volatility
The Fed doesn't want sudden market reactions in response to news that might be difficult; they want to cause as little volatility as possible, ... Greenspan has admitted to sending signals in the past -- it's the way they operate.
conditions financial market near points
The market has done part of the job, but this tightening is not yet substantial -- financial conditions are still near their loosest points in many, many years,
bond expects fall hard market people stock trading
The bond market expects the stock market to fall very hard ... people are trading scared.
comments markets price specific worse
Greenspan's comments have been so specific to the markets and costs, ... The price index was worse than the market would have liked.
comments markets price specific worse
Greenspan's comments have been so specific to the markets and costs. The price index was worse than the market would have liked.
good markets panic
This is not a good way to intervene, to tell the markets ... What you want them to do is panic their way out of their positions.
difficult fed funds further higher lower market somewhat step trade
Right now we have to take a step back and say how much further can we go with this news. Where fed funds are now, at 6.5 percent, makes it somewhat difficult for the (bond) market to trade higher or lower in yield.
activity clear currently economic full labor leave market remains risk
They could have said there's a clear acceleration in economic activity currently under way, but it remains at risk of weakening or reversing, owing to the labor market and other factors. To leave it out completely doesn't make any sense to me -- it's as if they think the market's full of dummies.
bear extreme foundation lacks market marks pessimism rally strong treasury
The Treasury market rally may be a bear trap. The rally lacks a strong foundation as well as the extreme pessimism that marks the end of sell-offs.
bear extreme foundation lacks market marks pessimism rally strong treasury
The Treasury market rally may be a bear trap, ... The rally lacks a strong foundation as well as the extreme pessimism that marks the end of sell-offs.
further low market percent rate reason
The market has put a low probability on further rate cuts, and I think that is part of the reason why we can't get to 5 percent that readily.
aversion beaten markets risk smaller touch
The risk aversion was a touch smaller today, but it was more of a toe-step into the markets that were beaten up badly.