Barry Hyman
Barry Hyman
economy economy-and-economics fed move psychology selling tremendous until
The psychology is just not there for the economy to make any substantial move until we get through the Fed meeting. There's really no selling pressure, it's just tremendous volatility.
accept bear fed half influence market second stocks technology until
The CPI will still have an influence on the Fed meeting. You are in a bear market in technology stocks and you'll have to accept that. You're not going to get anything significant until the second half of the year.
accept bear fed half influence market second stocks technology until
The CPI will still have an influence on the Fed meeting, ... You are in a bear market in technology stocks and you'll have to accept that. You're not going to get anything significant until the second half of the year.
bit continued durable goods number shows strength stronger
There is a little bit of profit-taking and a little bit of nervousness as we go into Thursday's GDP number, ... The durable goods number was a little stronger than expected. That shows continued strength in the economy. That is not what you want to see right now.
relationship
The P&G story is a lot more significant than just its relationship to P&G.
below bullish concerned drop economy numbers percent report saw slowing support today
The productivity numbers today (Thursday) and tomorrow's (Friday's) report do nothing to support a bullish market. I would be concerned if we saw the unemployment drop below 4 percent because that would show the economy is not slowing down.
economy economy-and-economics inflation key number seen talk toward whether
The productivity number is key toward determining whether the economy can show some stabilization. We've seen weakening numbers, which hasn't helped, but there is no inflation story to talk about here.
added anyone change comment fed funds great healthy interpret job opinions puts quickly rate reaction volatility
This puts 5.25% on the fed funds rate back on the table. It's not the job of anyone to interpret what a market's reaction to a comment will be. This has added volatility on a day-to-day basis, so opinions can change that quickly when they shouldn't. It's great to be flexible, but it's not healthy to investors.
affecting credit economy economy-and-economics interest problems rates
The problems are the same: Interest rates are high, and the economy is strong. It is affecting those sectors that are credit sensitive.
coming concern cyclical entering few good issue next opportunity pointed quickly rally rest run sector somewhere weeks worry year
Our look for the rest of the year is we're going to rally and worry. We're going to rally and worry some more. And we're going to rally again. I think the concern or the 'worry period' that we're now entering is this cyclical issue again, after this run up in the semiconductors sector and the third-quarter prerelease season, which we're quickly coming to. And I think that's going to give the opportunity for the next run up in the marketplace, which should come somewhere over the next few weeks into the election. The good news, as you pointed out, is that the Fed's done,
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We need some inference from the Fed that interest rates beyond June are in doubt,
respect
We have to respect what she has to say.
almost decent extremely face held market nasty oil performed tension today
In the face of geopolitical tension and oil up almost 4% for the day, the market held up extremely well. Today could've been a nasty day, but everything still performed well. This was a decent end to a lackluster week.
generally intel run seeing stock
Intel was generally positive, but I think the stock had run up into the meeting, so that's why you're not seeing much reaction.