Alan Ackerman
Alan Ackerman
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.
decided fantasy flights high hike ongoing pressured rate reality return terms turn
We've had a decided turn from flights of fantasy to a return to reality in terms of valuations, ... They are pressured by high price-to-earnings ratios and ongoing (interest) rate hike concerns.
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,
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.
appear continues economic economy economy-and-economics interest low positive president rates slowing trouble
While the president may be in trouble, the U.S. economy does not appear to be in trouble as of now. We have a positive economic backdrop, with low inflation, low interest rates On balance, the American economy, while slowing down, continues to be strong.
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,
appears companies cut economic further great interest likely mean rates recovery reduction report road starting
The U.S. economic recovery appears to be further down the road than many expected, so another cut in interest rates is not likely to mean a great deal, ... What's more important is when companies report they're starting to see a reduction in inventories.
cut interest net promise rates safety
The promise of a cut in interest rates before the year's end is a safety net under the market.
ahead best concerned growth higher hurt interest people protect rates stocks themselves
People are concerned about higher interest rates ahead and they think the best way to protect themselves is to own growth stocks that may not be as hurt by higher rates,
balance based cut economy federal helped interest jobs market number perk rates reserve though weak
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.
appears blue chip cycle earnings interest likely lower money names prompt rate rates seeing terms
A lower interest rate cycle is under way and lower interest rates are likely to prompt more money into the markets, ... For now it appears to be a 'safety first' posture, so we're seeing money rotating into better blue chip names that are more predictable in terms of earnings flow.
cash continued despite downside earnings pressure public remains sector seems sidelines state street tech today wall
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.
quite sands strength taken took weakness
The sands have shifted, ... Wachovia's weakness took the strength out of the financials and Qualcomm has taken quite a hit.