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
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.
holding impetus people waiting
People are holding their breaths, waiting for an impetus to move,
economic figures last looks markets moving narrow oil percent push reason three waiting
We're in a narrow range, moving around about 1 percent over the last three days, and it looks like the markets are waiting for some economic figures or waiting on oil because there's really no reason to push anything now.
hold next season waiting
We're still in that pattern. Everyone is on hold and waiting for the next (quarterly results) pre-announcement season in September.
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.
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.
apart bit falling hear liked market people pleased seen waiting
I'd have liked to have seen us a bit higher, but I'm pleased that the market is at least not falling apart today. I think a lot of people are waiting to hear from Greenspan.
rally recent
This recent rally may have legs, but we're still on a downtrend.
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.
fast gain hang market onto
We had a big gain on the first day of the quarter, but that was too much too fast and the market hasn't been able to hang onto it.
believing came happy start win
This was a big win for us because we are a young team. It was important to get that first win, because they can start believing in themselves. I was real happy with the way we came out in the first inning.
earnings higher interest looking margins starting
With higher interest rates, fundamentals are starting to erode. We're looking for margins and earnings to be constrained going forward.
earnings economy fairly flat gives higher market might move opportunity penny prepared seem seems starting tide
Earnings seem to be flat to a penny better, and everyone was prepared for the worst. There don't seem to be a lot of sellers in the market, and it seems like the tide might be starting to turn. The market is fairly valued...it gives the opportunity for the economy and earnings to move higher here.
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.