Alan Ackerman
Alan Ackerman
chasing fed genie technology
There's some technology follow- through, ... Some feel that the Fed is chasing a genie that's not yet out of the bottle.
appears areas bite closer consumer economy economy-and-economics fed hard hikes hit hopefully key maybe months next percent rate six slowing spending targeting three time year
Rate hikes bite different sectors of the economy at different rates. For example, one of the key areas that was hit hard and appears to be slowing down is housing. Consumer spending will take some time to slow down, maybe three to six months out. But in any case, what the Fed is targeting is                  GDP of 5 percent this year and a GDP hopefully next year of closer to 4 to 4-1/4 percent.
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.
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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,
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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.
fed interest investor meets money moving people rate starting until volume work
It's all about the Fed. It's all about interest rate jitters. It's all about a lot of money moving to the sidelines. And more importantly, we're starting to see investor paralysis. Volume is light. Not too many people want to put money to work until the Fed meets on the 28th,
cut door economic fed further good helped left microsoft open together
Some good economic news, together with a Microsoft ruling, helped energize the market, ... While many were disappointed that the Fed's quarter-point cut wasn't larger, the door has been left open for a further Fed move.
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The jobs number was fuzzy, even though on balance it helped to perk up the market, ... Based on that number, the market is now factoring in that the economy is not weak enough for the Federal Reserve to cut interest rates in its Sept. 24 meeting.
economy fed leadership market mode
The Fed has to set a leadership mode for the U.S. economy and the market will follow.
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However as we come closer to the next Fed meeting, and hopes are that the Fed will cut interest rates, we might have a relief rally.
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The market has weathered a poor earnings period and increased anthrax anxiety and has come out of it pretty well. I'm encouraged. The imminent economic stimulus package and Federal Reserve cuts are providing further encouragement,
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The public is in a semi-shocked state and cash remains on the sidelines on Wall Street despite everything being on sale, ... The main downside pressure seems to be continued earnings disappointments in the tech sector and we had downgrades today that were troublesome.
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The sands have shifted, ... Wachovia's weakness took the strength out of the financials and Qualcomm has taken quite a hit.
bargain encouraged hunters livable
It was a livable number, ... It encouraged some bargain hunters to go to work.