Doug Porter
Doug Porter
Douglas "Doug" Porteris a former American football coach. He served as the head coach at Mississippi Valley State University, Howard University, and Fort Valley State University, compiling a career college football record of 115–111–5. He was also an assistant coach at Grambling State University under Eddie Robinson. Porter was inducted into the College Football Hall of Fame in 2008...
above ahead bit concerns expecting fed interest lingering next oil prices profit pushing rate suspect
I suspect it was just a bout of profit taking, a bit of nervousness ahead of next week's Fed meeting. Not that anyone's expecting anything out of the Fed's next week, but I think there still are some lingering concerns about the longer-term interest rate outlook. Especially with oil prices pushing above $32 a barrel,
across changed deal europe fed globe heat hikes including interest japan kinds rates recent starting weeks
What has changed in recent weeks is long-term interest rates across the globe are starting to feel the heat from Fed tightening and now from rate hikes from all kinds of quarters, including Japan and Europe which they really hadn't had to deal with before.
best companies concerns fed further hikes hold investors rate seem starting
While there are still concerns about further Fed rate hikes down the road, it does seem as if the Fed's on hold for now and investors are starting to reassess which companies still have the best long-term prospects,
earlier fed locked might rates revision slight spread view
There's been a slight upward revision of expectations for Fed tightening, which would keep the spread between rates locked in. The earlier view was that the spread might narrow.
cost currently employment expecting fed growth increases market people rate road signal strong
The market is expecting strong first-quarter growth and employment cost numbers, which could signal more rate increases from the Fed down the road than what people are currently expecting.
global market signs waiting
I think what the market is waiting for is some signs of stabilization in the global economy, and especially the U.S. economy.
corporate growth high last possible profit quite robust side simply
I think it's quite possible revenues will come in on the high side of expectations simply because we've had very robust corporate profit growth over the last year.
bad good news pieces
I think there are more pieces of good news here than bad news.
bit complete decline last modest
I think Monday's decline is pretty modest after last week's sprint, so a bit of a pullback is not a complete surprise.
again line share tail tech turned
Some of the high-flying tech stocks, and again those are the ones without earnings, turned tail around mid-afternoon in line with the share pull-back in the Nasdaq.
broader due fact fairly large market suffered weakness york
Some of the weakness in the broader market was probably due to the fact that New York suffered a fairly large sell-off.
energy last onto passed price report simply spike view
Today's report reinforces the view that last year's energy price spike simply was not passed onto other prices.
coming economic economy few light markets numbers perception shed slowing strong
We have a few economic numbers coming up that will probably shed some more light on just how strong the U.S. economy is, ... The perception is that nothing is slowing the economy down yet, especially with the markets going the way they are.
above realistic struggle though
though to be more realistic I think it will struggle to get back above 90 cents.