Alan Skrainka
Alan Skrainka
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.
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.
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.
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.
cautious jumping people reflects selective wall
It just reflects Wall Street's manic-depressive mood. In the meantime, you have some selective cautious buying, but I think people are much more cautious and not just jumping in on any dip.
bet change commitment convinced federal meeting nobody people prior quiet rates reserve today tomorrow wants
It's just been a very quiet day. Nobody wants to make a big bet prior to tomorrow's decision. People are pretty convinced that the Federal Reserve won't make a change to rates but they want to see the statement. It doesn't make a lot of sense to make a big commitment today when you have such an important meeting tomorrow (Tuesday).
again brakes earnings few focus investors people seat shifting tap volatile
I think it was a very volatile and directionless week. Investors should tap on the brakes a few times and strap on their seat belts. (Last week) was very earnings driven, and now it's shifting and people are going to focus once again on value.
catalyst holiday people weekend
I don't see people making big commitments. It's a holiday weekend and there's just no catalyst to get things going.
bear bears drop economic forecast last market markets measure net people percent quickly seven small tied worth
The last seven 'bear' markets -- if you measure a bear market by a 20 percent drop -- have quickly forecast economic recessions. For people with 90 percent of their net worth tied up in a small business, it bears watching.
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.
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).
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.