Barry Ritholtz
Barry Ritholtz
Barry Ritholtz is an American author, newspaper columnist, blogger, equities analyst, CIO of Ritholtz Wealth Management, and guest commentator on Bloomberg Television. He is also a former contributor to CNBC and TheStreet.com...
NationalityAmerican
ProfessionAuthor
CountryUnited States of America
bring continue less
When you see a 250-point spurt like that in less than two months, that's not sustainable. What this pullback is doing, and I think will continue to do, is bring us back to a more sustainable level.
afflicted anybody basic concerned fed food gulf point shelter stop
When you stop and think about it, if the Fed were to pause, what does it actually do for anybody ... in the afflicted Gulf region? At this point they're more concerned with basic food and shelter and not really comparison-shopping for mortgages.
bar becomes cut easy eventually hurdle lower seen
We've seen expectations cut and cut and cut. When you lower the bar enough, eventually it becomes easy enough to hurdle over.
course digest economic encourage fed gradual maybe meeting news next rate signs skip slow stay
There is a lot of economic news to digest between now and the next meeting. If we see economic signs that are positive, then that would encourage the Fed to stay on the course of gradual rate hikes, but if things slow down then maybe they would skip a meeting or two.
continue dry home interest next rates rise universe year
We very much benefited this year from the still-low interest rates, with the Home Depot's and Lowe's of the world doing well, ... The whole universe of homebuilders and mortgagers did really well, too, but as interest rates continue to rise next year, that's going to dry up some.
bounce few last nice surprising
We've got a nice snapback today. We got shellacked over the last few days, so it's not surprising to see a little bounce back.