Kate Warne
Kate Warne
Kate Warne was the first female detective in the United States...
beginning fed indicate market money people sidelines waiting whether
I think that some people are waiting to see whether the market is beginning to indicate one way or the other, whether the Fed will do something different. So there's money on the sidelines right now.
advance case fed people portfolio surprises wanting
I think that a lot of people are on the sidelines, having positioned their portfolio already in advance of the Fed meeting, and not wanting to do anything in case the Fed actually surprises us.
bottom cycle earnings fed people uncertain whether
People are really uncertain about whether we're going to see a lot more earnings disappointments or whether we're towardÊ the bottom of the cycle as the Fed started to ease.
beginning cut fed forecast increasing interest missing people percent rates seen worst
People are beginning to think that we've seen the worst of the pre-announcements and missing forecast news. There's also increasing speculation that the Fed will cut interest rates by one-half a percent on Wednesday.
alan chairman federal greenspan hear people reserve waiting
Certainly, people are waiting to hear what Federal Reserve Chairman Alan Greenspan is going to say.
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.
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.
reaction seeing toronto
I think in Toronto we're seeing reaction to the Lucent pre-announcement with Nortel, which is down,
benefit bump definitely edward fact higher later merger mob oil others price production profits provide room segment stock target
I think it and the others will benefit as we see higher profits from the refining segment as well as from the oil production segment of their business. At Edward Jones, we're long-term investors, so we actually don't set target prices. But I think definitely the stock has room to rise. And I think the merger with Mobil ( MOB ) will in fact provide a bump in the stock price later this year.
few hit money searching short sitting sort thinking values
I think (investors) are sort of sitting on the sidelines, thinking there will be better values in a few weeks. (Investors are) searching for where can we put money that won't get hit in the short term.
becomes bit central financial further interest market moving rates related services
I think that's more related to how much tightening will we see (of interest rates by the central banks). I think they've been a bit oversold. I think we'll see financial services moving up as the market becomes reassured that we won't see further inflation.
direction market mood whether
I think that the market is in a wait-and-see mood to see whether there is any direction in Friday's reports.
assets expected faster job market tells
I hadn't expected BP Amoco to be really in the market for acquisitions this quickly, ... What it tells me is that they have done a faster job of consolidation of Amoco's assets and they feel very comfortable going forward.
canada expected good inflation led today
It's a good day led by Nortel; surprise, surprise. I had expected that (Canada) would be down today because of the inflation report.