David Joy
David Joy
jobs plays tie
Protectionism plays well if you can tie it to outsourcing and jobs.
consumer fed financial mounting perception pressures raising stocks vulnerable
Stocks in the financial and consumer discretionary sectors look particularly vulnerable as the perception is that inflationary pressures will keep mounting and the Fed is not done with raising rates.
change cycle major spending suggest
Things are stabilizing but there is still not a change that would suggest a major new spending cycle in tech.
america corporate last looks though
They profited from that last year, and it looks as though corporate America is positioned to do the same or more this year.
disconnect growth headline health individual numbers perception relative seems wide
There seems to be a wide disconnect between the headline growth numbers and individual perception about the relative health of the economy.
They will probably have to make some estimations.
keen partner process resolved soon
The upshot of the process is that one partner will be left. We're keen to get it resolved as soon as possible.
death hikes mean rate tech
Rate hikes don't have to mean the death knell for tech spending. Fundamentals are still strong.
buy clear invest reason ruled stock wants
Normally, you buy back a lot of stock when you don't think there's any reason to invest in your own company, ... Parsons hasn't ruled out Icahn's suggestions, but it's clear he wants his flexibility.
break economic expansion feeling general indicative might normally number relatively time
Normally I'd say it's just a number but I think it's relatively important this time around. If we break through 11,000, it might be indicative of a general feeling that the economic expansion is more broadly based.
attention capture deficit jobs losing question terms trade until
The trade deficit will be couched in terms of outsourcing. If you look at trade itself, it doesn't capture a lot of attention until it spills into the question of losing jobs overseas,
assumes bit fed language market might raises situation
You might have a situation where the Fed raises rates, modifies the language a little bit but intends to keep on going. If the market assumes that it's one more and done that might be a misread.
events fed gorilla hear market meeting next results sort tread until water
The market is going to sort of tread water until we hear the results of the (Fed) meeting and what the Fed has to say about their decision. That's the 500-pound gorilla of events next week.
becoming difficult economic evidence gathering strength
The evidence of gathering economic strength is becoming increasingly difficult to ignore.