Hans Olsen
Hans Olsen
companies diversity early note profit reporting
It's interesting to note the diversity of the companies that are reporting these profit shortfalls. And we're still early into this.
drive earnings next several weeks
What's going to drive things over the next several weeks is how third-quarter earnings come out,
avoid expected far few halfway hurricane monster pose recession starting storm worse
This is expected to be one of the worse hurricane seasons, and so far they're right and we're only halfway through it. All you have to do is pose the question: What if you had another monster storm in another few weeks, just as things are starting to come back on line? I don't know how you would avoid recession in that environment.
chose earnings focus investors report seems
The report is preliminary and it seems to be an outlier. Investors chose to focus on earnings reports.
assign drag hard likely market meaning noise number obvious overlook separating trend
It's obvious that the hurricanes will drag this number down, and because of that, separating the trend from the noise is going to be hard. When it's hard to assign a meaning to this number, the market will likely just overlook it.
anybody game looks pass practice shotgun throws
That pass was a duck. If anybody would have had a shotgun in the area, it would have been shot. In practice (Bryant) throws bullets. He looks like Brett Favre, but then in the game ...
background beginning consumer happen housing interest rates rising seeing spending surprise
That shouldn't have been a surprise to anyone, because all the background was in place for that to happen what with rising interest rates and consumer spending where it's at, ... We may be seeing the beginning of a real slowdown in the housing market. That's a big concern.
absence bad deal good news noise treated
Right now, it's like an absence of bad news is being treated as good news. I see it as just a lot of noise right now. There's still a lot out there to deal with.
absence bad good news treated
Right now, it's like an absence of bad news is being treated as good news.
factory good spot today
The only good spot today was factory orders.
beginning costs high hold oil operating prices sustained throughout wider year
My sense is that the high oil prices we've sustained throughout this year are beginning to take hold in the operating costs of a wider swath of US companies.
exceeded excel improve knew point rate schedule true
To say that we knew she was going to improve and excel at the rate that she is, that would not be a true statement. She has exceeded the schedule that I thought. She is probably already at the point where I thought she would be in two years.
bite continue lurking market risks starting tougher
We are starting to see the bite from some of the risks that have been lurking in the background, like oil. I think it's going to continue to be tougher for this market to do anything positive.
benefit close cycle fed stocks time
We may be getting very close to the end of this rate-increase cycle and it may be also time for the Fed to make that clear. Stocks will benefit from that.