Stuart Freeman
Stuart Freeman
creates crude decent economic fed figures good home oil prices sales showing worries
You've got good home sales figures showing some decent economic growth, and you've got crude oil prices up. You put those together, and that creates worries that the Fed is going to keep going on rates.
market together
All those things together made the market weaker.
inflation looking market moves rate worrying
The market is looking at that and worrying that inflation may be rekindling as the unemployment rate moves lower.
fear middle move prices stem worries
Certainly, part of the market's worries right now stem from oil. You still have instability in the Middle East, and there's a fear that prices will move dramatically higher.