Kate Warne
Kate Warne
Kate Warne was the first female detective in the United States...
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.
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,
concluded hikes longer market meant people rate sometime spending whether
The market was spending sometime digesting whether this meant more rate hikes for longer and concluded this was nothing different than what people had anticipated. At that point, it was 'let's do this some more,'
assess built concerned excess higher issue major market markets moment next plan saying short supply volatility weeks
The market has really built in a higher price, being concerned about the possibility of supply disruptions, but the Saudis said they had a plan to make that up. The market is warily eyeing what's going on, and at the moment it's saying there's enough excess capacity, so supply is not a major issue in the short term. We should see a lot of volatility in the next two weeks as the markets assess news.
assess economy fact good market news reacting sector technology trying
It was a little choppy. It's the market trying to assess the good news we're getting out of the technology sector and, at the same time, reacting to the fact the economy is slowing.
broader clear concern expect financial focus happening interest mixed rather services surprising turn
I think it may just be broader concern rather than a focus on what's happening to interest rates. Many of these sectors haven't done well and it's not clear what will turn them around, ... It's a little surprising the financial services are down. Although, they would be mixed on (Greenspan's) message, I would expect them to be a little more a positive.
materials outside rather reaction stocks
The materials stocks were down with profit-taking rather than a real reaction to anything outside of Canada.
basic canadian change environment expect good overall record records strong view year
I would not read too much into the record at this point, ... The Canadian market's been doing very, very well this year. It's doing well for all the right reasons: strong earnings, basic good environment for equities. I expect we'll see more records this year but today's doesn't change the overall view much.
leadership market sort tries volatility
I think we're going to see a lot of volatility as the market tries to sort out where the new leadership will come from.
mode move rather surprising waiting
I think the market's really in a waiting mode right now and it's not too surprising it would move rather dramatically on anything that was announced.
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.
begins bouncing clue few flat months next until
I think bouncing around flat is probably what we'll see for the next few months until something begins to give us a clue on the next direction.
lessons tuesday
The lessons from Tuesday were pretty much forgotten,