William Sullivan
William Sullivan
brighter common economic economy europe fortunes help higher japan move people rates reduce seeing slow theme though
There is a common theme that economic fortunes look brighter in Japan and continental Europe than they do in the U.S., ... Even though higher rates should help the currency, they haven't because most people are seeing that as the Fed's move to slow the economy and reduce growth.
easier prices push
makes it a little easier to push prices around.
appears august defensive doubt hike later market meeting policy preparing rate
There's no doubt the market is on the defensive and is preparing for what appears to be inevitable. A rate hike at the August policy meeting later this month.
cut decline doubt interest provides rate
There's no doubt that this rate cut and interest rate decline provides liquidity,
baton bed breathing coming hear male pushed second side wake
I used the end of my baton to try and wake the male because I could hear breathing, ... As I pushed on his right shoulder, I could distinguish that the breathing was coming from a second person on the other side of the bed on the floor.
expensive holding money onto people starting
It was a little disappointing, but it is so expensive that there may be a lot of people holding onto their money for the 10-year and 30-year starting tomorrow.
bonds buy close data dominant environment improvement market sees sell stock view
The stock market sees these data as representing an end to the recessionary environment and signaling some improvement in the not-too-distant future. For now, the dominant view is that this is the close on the 2001 recession, so you sell bonds to buy stocks.
bonds corporate filling pave rally
Corporate bonds are filling the void, to some degree. But this does not pave the way to a rally in bonds.
confidence flight healing huge improvement investor process reflects rising seeing
Confidence is rising and risk-aversion is declining. Now we are seeing a huge flight from quality. That reflects the healing process and an improvement in investor psychology.
foreign indirect interest managers match pension percent pressure reservoir worldwide
There was a big reservoir of foreign interest -- 65.4 percent went to indirect bidders. That is overwhelming and underscores the pressure worldwide for pension managers to better match their unfunded liabilities.
domestic number report slow trying until uphill wait
They may wait until after their second-quarter (gross domestic product) report comes out because if the number is strong, trying to slow down the yen will be an uphill battle.
cut developing last late market negatively potential questions rate regarding seems speech tenor treasury week
There were questions developing in the market late last week regarding the tenor of Greenspan's speech ... (and) it seems as if the potential that there won't be a rate cut is weighing negatively on the Treasury market.
fed
This is going to keep the Fed on hold.
cash credit demand shows sitting
Demand for this credit is huge, and it shows you how much cash is sitting on the sidelines.