Hans Olsen
Hans Olsen
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.
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.
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.
believe companies depending economy economy-and-economics higher highly interest items rates sector spending tech
If you believe that higher interest rates will put a brake on the economy, the whole tech sector is highly susceptible because companies are going to be spending on tech-related items depending on where the economy is going.
bias confirm equity good higher interest number rates
A good number will confirm the upward bias for interest rates and higher rates are a headwind for equity prices.
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.
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.
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.
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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.
finally monkey
We finally got that monkey off our back.
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.