Bob Dickey
Bob Dickey
bottom costs data energy exactly happening hill hitting individual putting senators together
We're putting that data together to go to the Hill to show congressmen and senators exactly what is happening on individual farms. What they want to do is show how these energy costs are hitting the bottom line.
call evidence fed good longer seeing slowing time watching
We're seeing some evidence of some slowing in the economy, which is a good thing, but we need a little longer time to call it a trend. And I think that is what the Fed is watching too,
downside follow means
That probably means we're going to follow through to the downside tomorrow.
basis fairly fed gaining hikes interest investors last less rates relief seeing sell start time
I think we're seeing already the start of a relief rally. Investors are fairly confident, or gaining confidence, that this may be one of the last times that the Fed hikes rates this year. Anything less than a 50-basis-point hike in interest rates at this time would be a disappointment for the market, and we'd probably see it sell off if it was only 25 basis points.
direction market moving past stocks three
The market has been in a rotational uptrend for the past three years, which is confusing, as not all stocks are moving in the same direction at the same time.
coming drive election good looking market maybe might numbers react retail sales weak
We had retail sales numbers which were a little on the weak side. The CPI which was very good this week, and yet the market has not been able to react for more than about 20 minutes. And so maybe we're looking for something bigger, maybe something to do with the presidential election coming up might be enough to drive the market through these areas.
call evidence good seen slowing
We've seen some evidence of a slowing economy, which is a good thing but we need more evidence to call it a trend,