Robert Long
Robert Long
comments domestic economy employment fed interest next rates reaction report tomorrow whacked
We got whacked on the Fed comments (Wednesday), but that reaction doesn't make sense, ... Don't you think if the Fed is hinting that interest rates will go up sooner, that suggests the economy is doing well? I think the comments bode well for the GDP (gross domestic product) report tomorrow and next week's monthly employment report.
decent earnings focusing genuinely good people reports taking
There are some genuinely problematic reports out today, like Merck, but there's a lot of good stuff, too, and people are taking some pretty decent earnings and focusing on the negative.