Rick Meckler
Rick Meckler
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.
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.