Edgar Peters
Edgar Peters
concerned costs economy employment fed quite report rising strong
The report showed the economy is quite strong and employment costs are rising and that's what the Fed is going to be concerned about.
believe close ending fed good market rate stock time
This is probably as good as it's going to get for the stock market any time soon. I don't believe the Fed is actually close to ending the rate hikes.
basically inflation shows
This basically shows that inflation is not really an issue.
bargain cow hunting mad maybe people thinking
People are thinking maybe there was an overreaction to the mad cow issue, and there is a little bargain hunting going on,
benign concern consumer fears higher increase inflation interest investors major market numbers rates reacting relief sensitive showing stock stocks wonder
Fears of inflation and of higher rates were a major concern for investors, and with today's numbers showing a benign increase in consumer prices, it's no wonder the stock market is reacting this way. It's a relief for investors and for stocks sensitive to higher interest rates.
company couple data declines earnings given giving mixed oil past positive prices released stock support
The oil data is giving some support to the stock market, especially given the mixed company earnings that have been released in the past couple of days. Declines in oil prices are always positive for equities.
beginning builders concerned home housing people pressure
Some people are beginning to get concerned with the housing market. That is enough to put some pressure on home builders and home-improvement stocks.
concerned costs economy employment fed federal funds interest likely negative quite raise rate strong
The economy is quite strong and employment costs are rising, and that's what the Fed is going to be concerned about. ... it's a negative for interest rates. It's much more likely now, I think, that the Fed will raise the federal funds rate to at least 5 percent.