Barry Ritholtz
Barry Ritholtz
Barry Ritholtz is an American author, newspaper columnist, blogger, equities analyst, CIO of Ritholtz Wealth Management, and guest commentator on Bloomberg Television. He is also a former contributor to CNBC and TheStreet.com...
NationalityAmerican
ProfessionAuthor
CountryUnited States of America
china demand energy home including interest low unusual
If you look at which sectors have done particularly well this year, including home builders, mining, energy, other commodities, they have done well because of unusual factors, ... such as the still historically low interest rates, which are already rising, or demand from China for commodities.
bring continue less
When you see a 250-point spurt like that in less than two months, that's not sustainable. What this pullback is doing, and I think will continue to do, is bring us back to a more sustainable level.
afflicted anybody basic concerned fed food gulf point shelter stop
When you stop and think about it, if the Fed were to pause, what does it actually do for anybody ... in the afflicted Gulf region? At this point they're more concerned with basic food and shelter and not really comparison-shopping for mortgages.
bounce few last nice surprising
We've got a nice snapback today. We got shellacked over the last few days, so it's not surprising to see a little bounce back.
bar becomes cut easy eventually hurdle lower seen
We've seen expectations cut and cut and cut. When you lower the bar enough, eventually it becomes easy enough to hurdle over.
course digest economic encourage fed gradual maybe meeting news next rate signs skip slow stay
There is a lot of economic news to digest between now and the next meeting. If we see economic signs that are positive, then that would encourage the Fed to stay on the course of gradual rate hikes, but if things slow down then maybe they would skip a meeting or two.
certainly concept expected fed few fork given higher inflation move next opportunity regardless release shock shows supply whether
Regardless of whether this upcoming release shows inflation today, given the supply shock to oil, we're expected to see inflation move higher in the next few months. It would certainly put a fork in the concept that the Fed has the opportunity to pause.
based behavior decisions markets panic prior return tend
Markets tend to temporarily wobble, and then return to their prior behavior. So don't panic or make any decisions based on your knee-jerk emotions.
initial markets surpass top
Markets don't make a top and then slide, topping is a process. Typically markets make an initial top, back off, try to surpass it, and can't do it.
gains gave greenspan market spoke stopped
When Greenspan spoke the market rallied, and when he stopped it gave the gains back.
cloud dark fed number raising reason stop whatsoever
The only dark cloud to this number is that now the Fed has no reason whatsoever to stop raising rates.
last nice run straight surprised
We had a nice run last week, but we can't go straight up. I wouldn't be surprised to see some back-and-fill.
broke bull major market november range run sometime stocks trading
We were in this post-election trading range from November to April, and that broke down, ... The bull market has at least one more major run in it, but I think it's probably going to be sometime over the summer, when stocks get appreciably cheaper.
painful rough round
It's been a rough week, and at the end of the month, a painful round trip,