Douglas Altabef
Douglas Altabef
abysmal bad current economy happening interest levels positive rates rising
However, the rising of interest rates from the current abysmal levels wouldn't be a bad thing, as it would be happening because of positive reasons, because the economy is strengthening.
bias continue conviction forecasts moderately people seeing seem stock support upwards year
The forecasts for the second-half of the year for the most part seem to support a recovery, but to some extent, that's already priced into the market, so you're not seeing that much stock reaction. There's not a lot of conviction and some people will take profits. But I think there will continue to be a moderately upwards bias for the remainder of the year.
economic federal iraq market meeting reserve resolution waiting
The market is in a wait-and-see mode. It's waiting for confirmation of an economic recovery, some kind of resolution on Iraq and on what the Federal Reserve is going to do in its meeting this month.
clearly conviction market seeing
The market is clearly in a cha-cha mode. There's very little conviction and that's why we're seeing this kind of volatility.
attempt continues decided events hold iraq market meaningful result seem signal somewhat unfolding united
The market continues to attempt to find a footing. Essentially, we are still somewhat on hold as a result of events unfolding between the United States, Iraq and the United Nations. There just doesn't seem to be a meaningful signal that Iraq has decided to disarm.
amazed few market past strong
I'm just amazed the market has been as strong as it has in the past few days.