Alan Skrainka
Alan Skrainka
concerned investors prospects selling
Investors are very concerned about the short-term prospects for the economy, and that's why they are selling stocks.
bond broader fed investors market pushed raise talking weak
The bond market was so weak all day that it pushed the broader market lower. Investors weren't talking about if the Fed will raise rates, but how much.
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.
fed prepare
The Fed often overshoots and I think you have to prepare for that outcome.
focus individual investors noise numbers separate week
Individual investors have to separate the statistical noise of week to week numbers and focus on the big picture.
costs hopeful inflation labor series serious strong unit
I'm hopeful that we're nearing the end of this series of tightening. I don't think we have a serious inflation problem. With strong productivity, unit labor costs are under control.
ibm looks market unchanged
Take IBM out and the market looks pretty much unchanged on the day.
close five next reasonably relative talking
It's (Johnson & Johnson) very reasonably priced, relative to its prospects, and while J&J may be at a yearly high, again, we think it is pretty close to its five-year low, if you are talking about the next five years.
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.
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.
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.
against asian cheap compete flood
(U.S. companies) now have to compete against this flood of cheap Asian imports.
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.