Joe LaVorgna
Joe LaVorgna
insipid next time
It's been an uninspired, insipid day of trading. We are biding time for the next big report.
headline likes market treasury weaker
The Treasury market likes the headline because it was weaker than what it thought.
economy fed market oil stays
If oil stays where it is, then the economy will slow, and the market will take up some of the Fed tightening that is priced into it.
economy economy-and-economics good start
The economy got off to a good start (early) in the first quarter.
bid equity flight initial markets overseas present quality softer
That initial flight to quality bid on the back of softer overseas equity markets has been present all day.
economy economy-and-economics looks october weaker
We think the economy is in recession, and it looks like October is going to be weaker than September.