Rick Meckler
Rick Meckler
certainly economic economy feeling general handle inflation modest negative people point rate starting stocks time
Modest inflation is certainly not a negative for stocks. The general feeling is that this economy can handle these rate increases. You're getting to a point where people are starting to look back at stocks as a place to go in a time of economic growth.
coming events focus political proving remarkably stay volatile warm
Oil's proving to be a very volatile factor, particularly coming off a remarkably warm winter. But it's going to stay in focus as long as political events are going on.
clouds dark gm hanging iran
Iran and GM are the dark clouds hanging over this market.
due economy fed increases increasing likely longer market prepared seems signals stop surprised
I think that the idea of never-ending, short-term-rate increases no longer seems as likely to people. But I would not be surprised if the Fed still increases, but signals to the market that they are prepared to stop increasing if the economy slows due to the hurricane.
cycle driving economic provide starting strong support year
The year is starting off with strong M&A activity, and part of what's driving the economic cycle is consolidation. It does provide some support for the market.
competition people rates start talk type
The story you'll start to see people talk about as rates go up around the world is, what type of competition will there be for stocks.
break market poised resistance seems upside
The market has been poised to break out on the upside but there seems to be a lot of resistance to every rally.
confidence consumer fear focusing market people positive restoring shifted yield
People will be focusing on the 10 o'clock number. The market has shifted to a fear of recession, as implied by inversion of the yield curve, and consumer confidence could go a long way to restoring a more positive view.
earnings energy market year
It was too much for the market to overcome. Otherwise, it could have been an even better year profit-wise if so much of (companies') earnings weren't deflected into energy costs.
earnings news worst
The worst of the earnings news is probably out of the way and expectations are probably back in line.