Frederic Dickson
Frederic Dickson
biggest numbers safety valve
The biggest reactor to the productivity numbers will be the Fed. Productivity has been the safety valve for inflation.
closer fed few people
Few people thought that he would be that explicit. We're getting closer to the end of the Fed interest-rate hikes.
concerned frankly looking major propel range reports situation stocks trading
My sense right now is that we're in a trading range market. I would be looking for a pullback. I don't see any major catalysts that would propel stocks on the upside. We have nervousness over the situation in Iraq, and I'm frankly concerned about reports out of Saudi Arabia.
bad coming fed start time
We're coming to the end of the Fed interest-rate tightening cycle. That usually isn't a bad time to start looking.