Edgar Peters
Edgar Peters
concerned neutral rate
They're still concerned about inflation. So I think we're in for at least one more rate hike, probably two. But things were put in a much more neutral tone.
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.
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.
coming concerned demand market near results stocks suffering sustained
Results are coming in strong, but the market is concerned that this will not be sustained in the near future. There's still a lot of uncertainty, and demand for stocks is suffering because of that,
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.
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.
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,
bond bonds economy fast given inflation justify levels low offer slowing stocks yield
Bonds at these yield levels offer very little value. Inflation is low but it's not that low to justify bond buying, especially given the U.S. economy is not slowing at a fast pace. Stocks offer a much better value.
act change fed monetary next raising rates seen stocks symbolic temporary
Even if the Fed skips raising rates at the next meeting, it has to be seen as a symbolic act and not as a change in monetary policy. Stocks would only get a temporary boost.
companies control costs fast growing increase leverage revenue though
Even though revenue is not growing as fast as profits, companies have been able to leverage what they have. Companies have been able to control costs and increase productivity.
activity certainly encourages merger people seeing signal
Certainly seeing more merger and acquisition activity going on encourages people too because it's a signal to them that things are undervalued.
certainly decline ease energy helping high markets oil prices
With energy prices at such high levels, any decline is very positive. The ease in oil is certainly helping the markets today.
buy days finally relief seeing selling
You are seeing a relief rally. After all the days of selling we've been having, we can finally buy now.
fed funds likely raise rate
It's much more likely now, I think, that the Fed will raise the fed funds rate to at least 5 percent.