Robert Philips
Robert Philips
bond coming earnings falling help prices providing seemed
There are a lot of cross-currents going this week. Bond prices have been falling sharply, but it hasn't seemed to help stocks. Then you've got all the earnings pretty much coming in in-line but not providing many surprises.
conclusive consumer corporate evidence fix market positive problems rally stimulates stock war
I do think there will be a significant rally once the evidence is more definitive. A conclusive end to war will fix the problems we are having today. A positive end to war stimulates a stock market rally, which stimulates consumer and corporate spending. I think it's the stock market that comes first -- it's always been that way.
clarity economic impact lack
And there's a lack of clarity about the economic impact of Katrina.
comments depends frame greenspan interpret reference terms
Greenspan had something for everybody, as he usually does. It depends on your frame of reference in terms of how you interpret it. I think his comments were pretty benign.
brief finish good hiatus month
I just think this is a brief hiatus in what will be a good finish to the month and the quarter.