Robert Pavlik
Robert Pavlik
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In the initial planning, I was the main representative in the forming of learning centers and principles that could be incorporated into the Pier Wisconsin center.
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Also some of today's selling pressure is a result of a very quiet market, with many professional investors taking the final trading of 2005 as a holiday, combined with some last minute cleaning up of portfolios by those investment managers who have made it in today.
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There was some profit-taking today as there was a lack of catalysts to get buyers to step in. Buyers are waiting for the market to be a little more attractive. There's not much in way of economic reports for the rest of the week. Geopolitical concerns, the price of oil and earnings reports will be driving us.
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The market being at these higher levels draws interest in and of itself.
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If we get a GDP or deflator number that's much stronger than the consensus estimate, then it could hurt the market because people will be talking about a tougher Fed.
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The durable goods number will matter more to industrial stocks like Boeing and Caterpillar. People want to see if the growth in this sector is continuing, but they don't want it growing so fast that it will scare the Fed.
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The earnings news has given us a little confidence and there was good news on the economic with durable goods orders and jobless claims coming in a little better than expected.
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It's headed in the right direction. But we need get past all this Treasury refunding.
direction headed past treasury
It's headed in the right direction. But we need to get past all this Treasury refunding.
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The market is still feeling good after the Federal Reserve minutes yesterday. Between now and the end of the week, we have a lot of economic data coming out.
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This will be an excellent contribution to Milwaukee. It will make the community aware of the preciousness of water.
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We'd like to see this number strengthen, however, estimates have been revised lower, which is possibly a result of the same affliction that caused the drop in durable goods two weeks ago, namely a slowdown in aircraft orders.