Jeffrey Saut
Jeffrey Saut
concern continues fed future growth inflation labor viewing wage
The big concern is future inflation and the Fed is viewing that through the labor market. Wage growth continues to be muted.
bull bunch core environment good hold markets money secular stocks takes trade
Yet you can make good money in that environment. It just takes a different strategy; you try to hold a core bunch of stocks you think are in secular bull markets and trade at inflection points.
based conclusion interest investment market noise short stretch
There is a lot of noise in the short interest figures, ... It's a stretch to come to a market investment conclusion or even an inference based on short interest.
bouncing bull challenge december extend january lows rally top trading
The rally will extend and challenge December highs. But it's not a bull market. We're just bouncing back from January lows back to the top end of the trading range.
beginning market tendency toward
Typically at the beginning of the year, there is a tendency toward reinvestment dollars, which should at least give the market a hint of an upward rise.
attention dissect fed folks mean pay says talk tries
I don't pay much attention to what the Fed says because I don't know what they mean when they say it. It's like Nostradamus. These folks talk in quatrains. It's kind of comical as everyone tries to dissect this stuff,
earnings handicap higher momentum premium risk
I don't know how to handicap terrorism, other than to say that I think the risk premium should be higher than it is. But I think I can predict, directionally, earnings and the momentum of the economy.
among dedicated dedication investors short smarter tend
Dedicated short sellers tend to be among the smarter investors on the Street,
consensus technology
The consensus is technology is cheap, and I think that's probably true.
coming deflation earnings growth guidance keeps percent recession worried year
I'm not bearish. I don't think we're going into a recession and I'm not worried about deflation ... But earnings growth should only be about 7 to 8 percent this year and guidance for earnings keeps coming down.
assuming buy earnings recovery shaped stocks
If you think you can recklessly buy stocks you have to be assuming more than a V-shaped recovery in earnings -- you have to be assuming a hockey-stick shaped recovery.
coming earnings option
Earnings are coming in pretty much on target. We do have an option expiration so there is a lot of noise.
coming earnings
Earnings are coming in pretty much on target.
boring investing
I've been investing in boring things, and boring has been pretty good.