Alan Ackerman
Alan Ackerman
appear bear beginning currently economy investors less longer realize series summer turn
We appear to be in a summer swoon in which investors are beginning to realize it's going to take a lot longer to turn the economy around than expected, and that we're currently going to have to bear through a series of pre-announcements that are less than comfortable,
consumer continued corporate economy slowing spending
There are continued uncertainties, ... The U.S. economy is slowing and commensurate with that is slowing consumer spending and corporate spending.
adventure balance capital corporate debt hardly lots money period sheets sidelines spending
We're in a period when capital spending has slowed to a waltz, corporate profitability is hardly visible, and balance sheets are just inundated with debt ? that's not a comfortable picture. Each day is a new adventure in the market. There's lots of money on the sidelines but no willingness to commit.
attention bit earnings focused left light week
We're in a light week that's light on news, light on earnings and light on volume, ... Most of the attention is focused on Cisco. The techs have been sprightly but they've left a bit to be desired.