Kate Warne
Kate Warne
Kate Warne was the first female detective in the United States...
earlier increases occurred raising rates reaction stage suddenly wrong
This would be the wrong stage to be suddenly raising rates a lot because the reaction to the earlier rate increases just hasn't occurred yet.
consumer cuts later picks retail sales waiting whether
Today's a day of waiting: waiting for earnings; after the retail sales report, waiting to see whether consumer picks up later in the year; waiting to see if OPEC cuts production,
consumers gasoline likely pinch prices
Where consumers are likely to feel the pinch more is at the pump, where gasoline prices are likely to rise.
definitely earlier looked today week whereas
Whereas earlier in the week things looked definitely abnormal, today looked pretty much like we were back to normal.
bad certainly everybody news people saying signs watches
You have one of those people who everybody watches for signs of bad news saying things are good, and I think that certainly helped,
hitting magical
To me there's nothing magical about hitting 10,000.
concern economy lower oil prices second seeing strength today
What we're seeing today is a combination of lower oil prices and concern about the strength of the economy in the second quarter.
good news reverse talk
When you talk about sentiment, you know it will reverse but you do not know when it will change. The news was very good today.
although impact inflation major oil overall prices rise somewhat
We'll see somewhat of a rise in inflation, although actually the overall impact of oil prices on inflation is pretty small, so it won't be a major pick-up in inflation,
fed market news picking saw
Fundamentally what we saw was the market picking up a little after the Fed said they were not going to do anything and the news was as expected.
again bad believe buy coming concerned conflict economy expected hard landing low news people sector seeing slowing tech today values within
I expected today was going to be pretty choppy, ... We were again seeing a real conflict within the tech sector between people who believe values are low enough to buy and people still concerned about (possible) announcements of slowing growth, that the economy was coming in for a hard landing and nothing but bad news would be coming out.
concern continue earnings fourth orders pick quarter sales stronger whether
But the real concern is not whether first quarter earnings were stronger than the fourth quarter, but whether orders and sales continue to pick up.
basically beyond fed front happens meeting move next nobody pattern positive sort trades waiting wants week
But beyond that, when you look at the pattern of trades for the day, it was basically positive but sort of lackluster. I think everybody's waiting around to see what happens next week and nobody wants to move a lot in front of the Fed meeting on Tuesday.
flat today
Basically, today is all Nortel. Other things would have come out flat if weren't for Nortel,