Jack Ablin
Jack Ablin
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.
create difficult environment
All of those things conspired to create a difficult environment for stocks.
market quality shift starting
The market is starting to shift back to quality stocks.
both good
In both fees and commissions, they're in good shape.