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
early january last late less market near people rate stock year
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.
driver holding market people pulls return time
Every time the market pulls back, people come back into the market. I think the real driver is there's no return holding cash.
people reason sign urge wants
Everyone wants to see a sign that will urge people back into the markets. Right now, there is no confidence; there's no reason to do anything.
act beginning coming earnings economy federal lower markets people reason reserve since stocks thinks waiting
Everyone thinks stocks are okay, the economy is okay, but markets have been lower since the beginning of the year. People are waiting for a reason to make a move. They want to act on an event, like the earnings that are coming out or the upcoming Federal Reserve meeting.
conviction people strange waiting
There's not a lot of conviction out there. It's a strange year-end, you just get a sense that people are content, waiting for the new year.
buy everybody feels frustrated given people
I think people are just frustrated right now. Everybody feels that given the fundamentals, we should be rallying, but no one is pressing the buy sign.
holiday light people today
Today was a holiday for some people and that's why we had light volume,
absence ahead basically market money people putting reluctant seems work
There basically is an absence of sellers in the market. It seems the market is a little ahead of itself, but people are reluctant to sell. People are still putting money to work here in the market.
bad people stepping time weeks year
It's also September, a typically bad time of year for the markets, ... and I think after two weeks up, people are saying, 'What are we doing here?' and stepping back.
hitting inch looks market money people plenty pulled
It looks to me like the market is getting a little psyched-out with these psychological levels, particularly 2,000 on the Nasdaq. After hitting that, people have pulled back a little, but there's still plenty of money on the sidelines. It could inch back up.
cheap current driver earnings everybody everyday key looking market next people relatively says seems stocks waiting
It's frustrating right now because everybody says that stocks look relatively cheap yet everyday the market bounces around. Everybody is looking for the next hurdle. People are waiting to see what the earnings look like, and that seems to be the key driver in the current market.
angst despite economic good ignoring numbers people reminder seem
It's a reminder of the old angst (of international conflict), despite a good jobless report, ... People seem to be ignoring the economic numbers right now.
missed nice others people profits rally wanting yesterday
We had a very nice rally yesterday and now you have some people wanting to take profits and others who missed out wanting to swoop in now.
cash hearing people short stepping today
What we're hearing is that today was predominantly short covering, ... I know that there's people that have cash and are stepping in when the market's down.