Alan Skrainka
Alan Skrainka
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.
economy investors maybe realizing
Maybe investors are realizing there's more to the economy than technology.
concern economy far faster grew hard hikes interest maybe might people rate thinking
Maybe it's concern that the economy may have more of a hard landing. The economy grew a little faster than expected, so people might be thinking we're not done as far as interest rate hikes are concerned.
anymore argument assumes companies economy food gamble heard naked sitting surfing versus
It's just the nuttiest argument that I've ever heard -- this whole idea of old economy versus new economy assumes that we're all going to be sitting around in the dark, naked and hungry, surfing on the Internet. The idea that you don't need food companies or companies like Procter & Gamble anymore is just nuts.
economy eventually far gap rubber snap stocks stretch wider
The valuation gap between old economy stocks and new economy stocks is getting wider and wider. To me, it's like a rubber band. You can only stretch it so far and eventually it's going to snap back.
economy facing temporary
This economy is facing a temporary setback. What it's going to take is time.
economy electricity gap medicine performance rubber seems sounds stocks
I think the performance gap between the new-economy and old-economy stocks is like a rubber band; it seems to be snapping the other way. The new economy sounds very exciting, but you're still going to need food, medicine and electricity to survive.
beginning costs economy labor lead paint reports rising signs taken together
I think all these reports taken together are going to paint an economy that is too hot. Labor costs are rising and that is beginning to lead to some signs of inflation.
earnings economy growing moves
If the economy is growing, companies' earnings are growing and that moves the market.
business economy great happening overall owners small stake stock
Small business owners have a great stake not only in what's going on in the stock market, but what's happening in the overall economy as a result.
continues economy market reports rest struggle
The rest of the market continues to struggle with reports that continue to show the economy is too strong.
address economy fed generating higher hot inflation interest
The economy is way too hot and is generating inflation pressure. And the Fed is going to have to address it with higher interest 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.