Alan Skrainka
Alan Skrainka
confusing data determine far few half hike next percentage point quarter raise signs slowing whether
The signs of slowing are few and far between. I think it's really the data between now and (the next meeting) that will determine whether it will be a quarter percentage or half percentage point hike but I think it would be confusing not to raise (rates).
acted analysis customers earnings fed growth guess market neutral next overall points practice price promptly service shifting solid technical trend year
We feel we can do a service to our customers if we just get the overall trend right. We don't really practice technical analysis or try to guess the price points next week. But the trend does look like it's higher, because the Fed now is probably shifting into neutral earnings are very strong. And because the Fed acted promptly they ensured we would have another year of solid growth next year. That is what the market is anticipating.
drives fed hikes inflation line low market next pressure psychology rate short
We think, in the short run, psychology drives the market but in the long run, fundamentals drive the market. We see very low inflation and no inflationary pressures. We think, going forward, expectations have come back down in line with fundamentals and we won't have the pressure of Fed rate hikes over the next 12 months.
change decision investment prior rule
They already made an investment decision prior to the rule change being official.
aggressive economy gotten policy problems responses word
The word for 2001 is look for opportunities. There are problems in the economy but they have gotten aggressive responses from policy makers.
attribute earnings environment market rising weakness
Earnings have been fantastic. Any weakness in the market you've got to attribute to (the) rising interest-rate environment.
computer concern corporate information personal reduced sales slowing technology
There's still a lot of concern about slowing personal computer sales and reduced corporate information technology purchases.
august fed hike inflation leave people rates risks saying toward waiting
People are waiting for the Fed. I think the Fed will leave rates alone, probably say that the risks are tilted toward inflation and people are also saying they'll come back in August and hike again.
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Technology is still the fastest growing segment of the US economy. Earnings are growing at 20-30 percent year over year, and US companies lead the world in almost every major category.
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Techs were hot and everything else was not on confusion about the future of interest rates. When the interest-rate picture is cloudy, the focus turns to earnings. And earnings in the tech sector have been good.
against asian cheap compete flood
(U.S. companies) now have to compete against this flood of cheap Asian imports.
common companies dependent finding good great looking market people price slow strong value viewed
I think people are looking for good value in the market and they're finding it in 'old economy' stocks. What these companies have in common is they're all viewed as great companies at a strong price that are not dependent on a slow economy.
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I think politics are a sideshow right now. We think the best thing an investor can do is step up their buying gradually as prices move lower.
assuming bad based bets buying news people placed stocks today
I think people placed bets today based on (the data). By buying stocks today, you are assuming we won't get bad news tomorrow.