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,
chose earnings focus investors report seems
The report is preliminary and it seems to be an outlier. Investors chose to focus on earnings reports.
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?'
finally monkey
We finally got that monkey off our back.
companies deal period positive quiet reported tough
Most companies have already reported their earnings, and I think we're getting to a quiet period where it can be tough to keep anything positive going. There's still a lot out there to deal with.
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.
defensive fairly good types
Those are kind of defensive stocks, with fairly inelastic demand. In good times and bad, you're going to use those types of products.
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.
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.