Jack Ablin
Jack Ablin
market quality shift starting
The market is starting to shift back to quality stocks.
ground losing perspective pressure upgrade
The GDP upgrade could put more pressure on the Fed. At the same time, we're losing ground with the consumer... From the perspective of today's market, it's a one-two punch.
confidence investors katrina looking minds punch report rita
The confidence report really personifies what's going on in consumers' minds right now. Investors are looking at Katrina and Rita as a one-two punch for the economy.
came catalyst consumer expected face forced housing investors likely news number primary reality slow suspect thereby worse
The housing news was the big setback today. While we suspect that housing is likely to slow and thereby take the primary catalyst away from consumer spending, the number came in worse than expected and forced investors to face reality much sooner.