Subodh Kumar
Subodh Kumar
Subodh Kumaris an Indian football player who last played for I-League club East Bengal...
concerned consumer couple days economy hurting interest investors oil outlook past rates rebound related seeing start stocks
We are seeing a pullback on stocks because many investors are concerned with the outlook for interest rates and with the economy at the start of 2006. The rebound in oil in the past couple of days is also hurting some stocks, especially the ones related to consumer spending, such as retailers.
economy fed hikes interest maybe months objective raise rate rates saying start trajectory
I think that the objective of the interest rate hikes is to keep the economy in the 3-1/2, maybe 3-3/4 range. So the Fed has been saying all along, give us 12 months from when we start to raise rates and we'll get the trajectory down. And I think that's what they've done.
opposed
This is more a readjusting of expectations as opposed to a readjusting of the economy.
known passengers safe whether
It is not known whether the passengers are safe or have been robbed.
earnings likely miss people range remain situation trading
I think we're in a situation where some earnings will miss (forecasts), but not as much as some bearish people expect. If this is the case, the S&P 500 is likely to remain in the trading range it's been in.