Jay Suskind
Jay Suskind
absent buyers mostly players selling
There's not much players around. Buyers are mostly absent while there's a lot of tax-related selling going on.
controlled economy higher manic market news next rates reads strong sure
I think what you have is a manic market. The market reacts differently to the news each day. One day it's sure of a strong economy and controlled inflation; the next day, it reads higher rates from the Fed.
economy fed given gives growth hope importance interest nice rates rise sensitive shows
Given the rise we saw, it shows you the importance of interest rates and what the Fed thinks. This gives us hope that the Fed will be sensitive to the economy and we can get back to that nice 'Goldilocks' economy where growth is just right.
certainly cycle economy fact inflation looking market near stepping week
It certainly has been an up week overall. The market is stepping back and looking at the fact that inflation is in check, we are near the end of the rates-tightening cycle and the economy is growing.
cooler heads prevailing
Cooler heads are prevailing today, but there's just no buyers.
debate economic economy-and-economics interest market numbers rage rate strong tomorrow wants
The market wants some on-target economic numbers tomorrow and Thursday. We want an equilibrium in the economy. If the numbers are too strong or weak, the interest rate debate would rage on. The numbers need to show moderation.