Hans Olsen
Hans Olsen
drive earnings next several weeks
What's going to drive things over the next several weeks is how third-quarter earnings come out,
approach discount earnings fourth gas home people seen start starting thinking third travel
Look for it in the earnings of discount retailers, restaurants and travel sectors. Start to look for GDP to be impacted, earnings in the third and fourth quarters, especially now because we're starting to approach the home heating season. This is not good. We haven't seen anything like this in the better part of 25 years, where you start to have people thinking about gas lines.
earnings mean talk trying
Because Amex is so diversified in interacting with the consumer, if they're trying to talk down their earnings expectations, the implication is, 'What does that mean for what's going on in the economy?'
chose earnings focus investors report seems
The report is preliminary and it seems to be an outlier. Investors chose to focus on earnings reports.
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.
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.
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.
ask durable later stand
This really is an impressively durable market, but there's so much more to come later in the week. Ask me later in the week, and we'll see where we stand then.
difficult positive prices stock
It doesn't set a real positive stage. It makes it difficult for stock prices to go anywhere.
inflation leads push supplies
It all leads to the idea that inflation isn't so bad. That supplies some push for the market.
ahead investors signal soon time tough worry
Some investors worry that if the inversion persists, it may signal a tough time ahead for the economy. But it's still too soon to know it for sure.