Edgar Peters
Edgar Peters
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.
boost fed pause temporary
A pause by the Fed would give a temporary boost to stocks.
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.
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.
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.
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.
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.
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.
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.
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.
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,
move seemed today
The only thing that seemed to really move today was oil.
bets economic large today trading volume
Trading volume is dwindling and we are probably not going to see large bets today and tomorrow, and especially after inconclusive economic data.