Michael Chren
Michael Chren
activity created fixed income increase level markets recently tremendous volatility
The heightened activity level in the markets recently has created a tremendous increase in equity, fixed income and commodity-related volatility and trading.
box choice concerns economic housing hurricane next positive raise rebuilding
I think the Fed's in a box here, and they really don't have a choice but to raise rates, ... Rebuilding from the hurricane will be an economic positive next year, you have concerns about inflation, and you have the housing bubble. I don't think they can stop.
bad both cloud good leave negative news perspective reserve
There is both good and bad news, ... But the big negative from our perspective is the asbestos reserve review. That will leave a cloud over the shares.