Hans Olsen
Hans Olsen
clearly consumer cost drop fill hard market optimistic responding terribly
The market is clearly responding to the drop in consumer confidence. It's hard to be terribly optimistic when it cost you $60 to fill up the car.
absence bad deal good news noise treated
Right now, it's like an absence of bad news is being treated as good news. I see it as just a lot of noise right now. There's still a lot out there to deal with.
benefit bring buying companies confidence consumer help high industrial levels likely remains remarkable start stocks
It's remarkable that consumer confidence remains so high and it may help bring to stocks some buying momentum. Companies in the industrial and consumer sectors are the most likely to benefit from high confidence levels at the start of 2006.
anybody game looks pass practice shotgun throws
That pass was a duck. If anybody would have had a shotgun in the area, it would have been shot. In practice (Bryant) throws bullets. He looks like Brett Favre, but then in the game ...
avoid expected far few halfway hurricane monster pose recession starting storm worse
This is expected to be one of the worse hurricane seasons, and so far they're right and we're only halfway through it. All you have to do is pose the question: What if you had another monster storm in another few weeks, just as things are starting to come back on line? I don't know how you would avoid recession in that environment.
chances left slim successful
The chances of him being successful with that are slim to none, and slim just left town.
absence bad good news treated
Right now, it's like an absence of bad news is being treated as good news.
finally monkey
We finally got that monkey off our back.
bite continue lurking market risks starting tougher
We are starting to see the bite from some of the risks that have been lurking in the background, like oil. I think it's going to continue to be tougher for this market to do anything positive.
exceeded excel improve knew point rate schedule true
To say that we knew she was going to improve and excel at the rate that she is, that would not be a true statement. She has exceeded the schedule that I thought. She is probably already at the point where I thought she would be in two years.
benefit close cycle fed stocks time
We may be getting very close to the end of this rate-increase cycle and it may be also time for the Fed to make that clear. Stocks will benefit from that.
factory good spot today
The only good spot today was factory orders.
ask durable later stand
This really is an impressively durable market, but there's so much more to come later in the week. Ask me later in the week, and we'll see where we stand then.
defensive fairly good types
Those are kind of defensive stocks, with fairly inelastic demand. In good times and bad, you're going to use those types of products.