Hans Olsen
Hans Olsen
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.
alone touch
The big guys, they won't touch that with somebody's else 10-foot pole, let alone their own.
ammunition combined difficult economy environment fed gives interest numbers raise rates
These numbers combined with yesterday's ... gives the Fed a lot of ammunition to raise interest rates and if you have, at the same time, the economy slowing, that's just going to make a really difficult environment for stocks.
argument bit conversation fed historic kept market markets point rate whether
It's really the Fed at this point that's kept the market in check. The historic conversation between the Fed and the markets has become a bit of an argument over whether there's really inflation, and whether we need those rate hikes.
fed kept market point
It's really the Fed at this point that's kept the market in check.
clearly economic focused market
It's clearly not good, but the market is probably more focused on the economic front.
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,
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.
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.
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.
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.