David Briggs
David Briggs
David Briggswas an American record producer best known for his work with Neil Young and his band Crazy Horse. He is noted for his eclectic imagination and style, which contributed to the Neil Young album After the Gold Rush...
ProfessionMusic Producer
Date of Birth29 February 1944
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At some point, high oil prices have to matter. When Joe Six Pack has to start paying $50 to fill up his tank, you have to think they will stop buying Frappuccinos and bottled water.
ahead buying classic gotten market ourselves people rule upside
I think we have gotten ourselves into a classic year-end speculative mentality. I really think the market has gotten ahead of itself. People really started buying on hope. I don't rule out some year-end euphoria, but I don't think the market has a lot more upside to it.
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I think it's going to set us up for a little Santa Claus rally in a few weeks. I think the buying on the dips mentality is going to hold.
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It has been quiet in general. We say some money go into mutual funds this week, so there was some buying this afternoon on the morning dip.
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The latest news of the missile strike in Gaza pulled the legs out from under buyers. They stopped buying today and the market just pulled back.
gained last lost points today week
The S&P lost 50 points last week and today we gained back four. This is not great.
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The stock market rallied late last year and early January because people thought we were near the end of the rate cycle, but now they're less sure.
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The stock is down 40 percent from its high, ... It's a very good buy, and the company just dominates the industry.
anywhere course economy markets until
Things look good, but I don't think the markets will really go anywhere until after we get a better read on the course of the economy and earnings.
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Earnings are a mixed bag, but it seem like tech stocks are starting to turn the corner.
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Early next week you've got a trade deficit number and retail sales, and those reports could be volatile.
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Every time the market pulls back, people come back into the market. I think the real driver is there's no return holding cash.
happy
There's really not much to be happy about today.
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Reality is setting in. It is going to be extremely difficult for the market to rally. The market showed resilience from $40 to $60 a barrel, but I don't know about $70.