Ned Riley
Ned Riley
crude dominating minds price
I think the price of crude is still dominating the minds of investors.
announce companies economic either growth linked revenue slowing start strategy strongly
I also feel very strongly that Procter & Gamble's strategy is not going to be linked only to Procter & Gamble, ... We will see other Dow-type companies that either have some economic sensitivity or a slowing of revenue growth start to announce restructurings.
economic federal move reserve stock support yesterday
The Federal Reserve is not here to support the stock market. This move yesterday (Wednesday) was done for economic reasons.
economic news strong supportive today
The economic news today has not been very supportive of a strong economic scenario.
celebrated next report
The May payrolls report will be the celebrated one next week, and there may be some controversy around it.
behaving given market rally since
The market is just behaving very nicely. We have given up very little of the rally since March.
economic question
But the question is more about economic growth.
economic ignore negative news
Ignore the negative economic news because the market's discounted most of it,
bond bonds favorable less market negative rally report stocks
I think the bond market has already discounted a favorable report but not a negative report, ... If we see something less than 150,000, bonds will rally and stocks may, too.
clearly continue microsoft next period produce reality until
I think you're going to continue to see this until we get through this whole period where there are these expectations that are clearly different than what reality is going to produce next year. Microsoft is only another example.
changes consumer continue economy fed further income inflation june outlook remain until vibrant
I think the Fed has at least one further tightening in June and another one in August. Until the American consumer changes his or her outlook on further income growth, the economy is going to remain vibrant and inflation will continue to rise.
negative seeing sentiment street terrific wall
The negative sentiment we are seeing is a terrific Wall Street indicator,
coming demand fund good market money mutual
It's surprisingly quiet, which is a good thing after Friday's rally, ... If you look at the mutual fund inflows, there's money coming into the market and demand is still strong.
next picture profits quarter telling year
I think by the first quarter of next year you're going to see a much better profits picture and that's what the market's telling us here.