Jeff Cheah
Jeff Cheah
consider taking
The TSE has come a long way without taking a breath...so I would consider this healthy.
certainly component danger developing economy giddy looks price prices sector showing start
It suggests to us that the manufacturing sector of the economy is still developing at a giddy speed, and the price component looks problematic and is showing price pressure. While there's certainly no danger of hyper-inflation, there are some indications that prices may start to accelerate.
consensus fed feeling general knows report
The report was very confusing. The general consensus feeling is that no one knows what, if anything the Fed is going to do.
bottom call people ready
People are still not ready to call this the bottom of the market.
financial focus indicator inflation main primary rates report testimony
The inflation report and Greenspan's testimony are now going to be the primary focus of financial markets. It will be the main indicator for where rates will go.
assets bad cheap creating demand flow funds money moving prices pushing toward value
A lot of money is moving toward assets that are at very cheap prices in Japan. That flow of funds is creating a demand for yen and pushing the U.S. dollar's value lower, but that may not be such a bad thing for the U.S. economy.
appear business ceo company conditions continues couple earnings hearing last poor rally saying season throughout trigger visibility
All this time, throughout the earnings season for the last couple of quarters, we've been hearing that visibility continues to be very poor going forward. Now, for the first time, you have a CEO of a high-profile company saying at least that business conditions appear to have stabilized, and I think that was the trigger for the rally today.