Owen Fitzpatrick
Owen Fitzpatrick
earnings fact fed good growth interest market moving rates relief start terms waiting
The market is really waiting for a little relief in terms of interest rates moving higher. Once we get that relief of the Fed being done, you'll see the market start to concentrate on fundamentals and the fact that we're still going to see pretty good earnings growth this year.
terms
Oracle, in terms of earnings, is influencing the market.
economy fact figure points pressure slower takes
The GDP figure was kind of a double-edged sword. It points to the fact that the economy is slower but that also takes pressure off of (interest) rates.
positive raise rates time
Things have slowed down, but it's still positive growth. We think they'll raise rates tomorrow, and one more time before year-end.
greenspan huge issue people remember
Productivity has been this huge issue for the market, and people remember Greenspan highlighting it in the 1990s.
dictates general number type week
In general it's going to be that type of week where the number of the day dictates the market.