John Shaughnessy
John Shaughnessy
basis believe beyond caused federal further increases last major market monetary odds points raising rates reserve year
Look back in the last 30 years, the Federal Reserve has caused every major market pullback because of tightening the monetary policy, ... I believe the odds are that they will be raising rates by 25 basis points on Nov. 16. But beyond that, that will be it, well into the year 2000 before any further rate increases take place.
compliance hacks seen
I will say that of all the hacks we've seen - and we've seen hundreds and hundreds of these - had the third-party been in compliance (with association rules), they probably wouldn't have been hacked,
looking looks minor
I'm looking for a minor correction. It looks like we're going to have one.
basis breathe certainly early earnings fall fed frankly good huge market maybe might operating plus raise rally rates relief reports rest second sigh strong summer supposed
I think frankly the Fed might even raise rates maybe 25 basis points, but that should be it, I think, for the rest of the year. And the market should breathe a huge sigh of relief that, plus the strong earnings reports for the second quarter. For example, operating earnings are supposed to be up 18-to-20 percent. So certainly the ingredients for a good strong summer and early fall rally are in place.
bad tougher
We're making it tougher and tougher for the bad guys,
best both continues domestic earnings economy flow foreign given happening inflation market money outlook reasonably remains seeing strong
What we're seeing happening is the best of all worlds. The economy is strong yet inflation remains quiescent. The earnings outlook remains reasonably good. Given those things, the money continues to flow into the market from both domestic and foreign sources.
fed interest point pressures quarter raises rates reality serving
The reality is that if the Fed raises interest rates by a quarter of a point all that's doing is serving to keep inflationary pressures under control.
attend letters saying
We were congratulated and got letters saying we were to attend orientation for the academy. Then we were told there wasn't enough money. We were crushed.