Michael Driscoll
Michael Driscoll
employment feeling market mild numbers surprise
The employment numbers were a mild positive. There is a feeling of mild surprise that the market hangs in as well as it does with all that's going on.
almost anybody apparent fact guess perceived positive save snow sure wall
I'm not so sure that the appointment, or the apparent appointment, of Mr. Snow is the significant fact, but the fact that Mr. O'Neill is out. My guess is that almost anybody in there save Mr. O'Neill is going to be perceived as a positive by Wall Street.
believe corrected hard market period pros rally watching
From a professional standpoint, it's hard to believe that over a one-and-a-half day period the market has wrung out all its excesses, corrected itself, and it's back to up and away. So I think a lot of pros are kind of watching this rally with a little trepidation.