John Spinello
John Spinello
fairly fed market quiet seen
It's been fairly quiet and we haven't seen a lot of buying; the market is getting positioned for the Fed on Wednesday.
core definitely focus higher inflation pressured prices speech turning
Greenspan's focus on inflation definitely pressured the market. It was definitely a speech on higher prices and about core inflation turning the corner.
coming developed israel premium safety saw weekend
A safety premium developed over the weekend with what we saw out of Israel and (Gaza) and what we didn't see coming out of Afghanistan and Pakistan.
higher indication inventory leaning rebuilding sign time toward
Inventory rebuilding may have begun, with inventories up for the first time in many months. It's probably an indication that you're leaning toward a higher GDP and another sign of the recovery.
inspire might negative point risk violent weak
The risk at this point is that we get a weak payrolls number. If we get a negative number, that might inspire some pretty violent short-covering.
area people perceive
That's been an area where people perceive value.
bid flow investors last market picking starts tomorrow weak week yields
Investors are still picking up some paper. Yields were bid up last week (but) refunding starts tomorrow . . . the market may be weak going into the flow of supply.
buildings market office post senate talk
With the post office story and then the talk about the Senate office buildings being evacuated, sure, that got the market re-bid again.