Jay Suskind
Jay Suskind
consumer economic housing led lousy market numbers perspective rolls three
Those were three lousy numbers from an economic perspective. There is the intimation of a slowdown led by the housing market and if the consumer rolls over, then we have a problem.
bond days driving fed market past point quarter stocks stop telling thinks
We all know it's going to be a quarter point hike. But over the past two days the bond market is also telling us that it thinks the Fed is not going to stop there. The bond market will be driving stocks today.
behaving market storm
If this storm wasn't out there, the market would probably be behaving much better.
air came decline earnings friday huge january knows options panic profit taking
But there is no panic in the air because Friday's decline was explained. Earnings that came in were a little disappointing, we had a huge run-up in January so profit taking was expected, everyone knows what's going on geopolitically and it was a Friday with options expirations.
hear levels next start technical
Next week, you'll start to hear about technical levels of the indices,
controlled economy higher manic market news next rates reads strong sure
I think what you have is a manic market. The market reacts differently to the news each day. One day it's sure of a strong economy and controlled inflation; the next day, it reads higher rates from the Fed.
certainly economy economy-and-economics higher interest market question rather resilient stronger surprises
I think it's the same old story: The economy certainly surprises us by how resilient it is. It's also a question of how the market interprets those numbers. I think it'd rather see a stronger economy with higher interest rates.
certainly cycle economy fact inflation looking market near stepping week
It certainly has been an up week overall. The market is stepping back and looking at the fact that inflation is in check, we are near the end of the rates-tightening cycle and the economy is growing.
break continue draw hear lack levels next people start technical tough
I think it's going to be tough to draw conclusions because of the lack of participation. Next week, you'll start to hear about technical levels of the indices. People will be wondering, Can we break through and really continue this year-end rally?
economy fed given gives growth hope importance interest nice rates rise sensitive shows
Given the rise we saw, it shows you the importance of interest rates and what the Fed thinks. This gives us hope that the Fed will be sensitive to the economy and we can get back to that nice 'Goldilocks' economy where growth is just right.
built economic oil picked price relief resilience rise
We built on a relief rally, ... From an economic standpoint, things picked up after the price rise in oil dropped. It showed the resilience of the economy.
certainly economy-and-economics fed hike inflation prices rates
(Commodities prices rising) would certainly seep through the economy, and the Fed is going to hike rates to keep that inflation under control.
cooler heads prevailing
Cooler heads are prevailing today, but there's just no buyers.
good growth inflation news slower throw
It's more of the same: uncertainty and energy, ... Throw in inflation and the possibility of slower growth because of the hurricane, and we're all out of sorts. There's no good news out there.