Alan Ackerman
Alan Ackerman
basis believe clearly cut economists economy fed feeling fighting individual investors points pressure rates rather slower
My feeling is the Fed hasn't clearly indicated that it's fighting a slower economy rather than inflation. Economists and individual investors would like to see the Fed cut rates by 75 basis points and I do believe that would take some of the pressure off the consumer.
believe bounce bumped market people question watching yankees
We may have bumped the bottom, but the question is, can we bounce back? Right now, you have a market that has no leadership, has no conviction. I believe more people will be watching the Yankees and the Mets.
believe bounce bumped market people question watching yankees
We may have bumped the bottom, but the question is, can we bounce back? ... Right now, you have a market that has no leadership, has no conviction. I believe more people will be watching the Yankees and the Mets.
believe economy seems shaking signs
There seems to be those who believe that there are more and more signs that the economy is shaking off its slump,
company ill investors itself puts
When a company reverses itself in this manner, it puts investors ill at ease,
both cut economy fed flowing help interest market money next rate seen tone worst
There is a better tone to the market and money is flowing back into both the Dow and the Nasdaq. Many think we've seen the worst and the next interest rate cut by the Fed (Federal Reserve) will help get the economy going.
august dull july
We had a dull July and August is duller still,
companies contracted drop market nasty negative period publicly room short year
With a market as nasty and negative as it is at the moment, there's little room for error. The Nasdaq has contracted very sharply in a short period of time. Its drop in a year is approximately 60 percent, but this is not representative of all companies that are publicly traded.
buyers came chance earlier fed last market news raise rates saw
This was the last chance for the Fed to raise rates in 1997. The market reacted earlier as if nothing would happen, and when the news came we saw some buyers but also some sellers going to work,
driving gone terrific
What's driving this is techs have gone from terrific to terrible,
earnings hands people terms
What's confounding most people out there is how do you get your hands around earnings, ... there's not that much out there in terms of earnings predictability.
august continued full headed month negative next seems september week
We go into next week with continued uncertainty and wall-to-wall worries. The month of August was full of negative surprises, and September seems to be headed in that direction.
bring difficult events halt huge level parallel raise shock
Events like this bring things to a halt and raise a level of shock that is difficult to describe, ... This is a huge catastrophe and it's one that has no parallel in history.
bottom confidence continue dent difficult divine earnings individual market nasty price reaching
Earnings warnings continue to dent confidence and the price of individual issues, ... This is a market that's nasty and negative. It's difficult to divine if we're reaching a bottom or not.