John Augustine
John Augustine
corporate economy economy-and-economics fed mean strong worried
If the economy is as strong as the Fed is worried about, that's going to mean better corporate earnings.
certainly energy fed jobs market moves prices sideline stock
The stock market certainly got what it wanted in a lower-than-expected jobs report. If the Fed moves to the sideline and energy prices stabilize, those will be two headwinds out of the way for the stock market in 2006.
break earnings round until
We could be into mid-July until we see the Dow break that record. It may take another round of earnings to give it that push.
activity bring catalyst energy good holding looking mergers mixed news stock upside
Big institutions are holding back their own capital. They're looking for an upside catalyst for stock prices. Any activity on the mergers and acquisition, buy-back or dividend fronts, mixed with good news out of energy or the Fed, would be a catalyst to bring the big institutions back into stock market.
belief break coming consensus market observers strong turn views
Many market observers are coming out with the belief that the market will break upward after the election. Such strong consensus views often don't turn out to be a reality.
absence both concerns crude disturb economic expect fears growth holding likely markets oil range stay stock supply year
There are fears that any supply disruptions could disturb oil markets and such concerns are holding back both economic growth and stock prices. In the absence of any such disruptions, we expect that crude will stay in the $50-$70 range this year and will likely always be on investors' minds.
absent came core good higher inflation retailers sales support
Retailers came out with pretty good reports. One would think we'll see a pretty good retail sales number, and that would give support to the market, absent much higher core inflation numbers.
equation exchanges financial fit looking sector volume
Just as the brokerages are often a harbinger for things to come in the financial sector, the exchanges will probably fit into that equation of forward- looking financial sector indicators, and they'll revolve around the volume trends.
currently faster focused follow force great growth hand markets rates seen
Markets are now focused squarely on inflation. Will it follow the great growth we've seen and force the Fed's hand to take rates up faster than the market currently anticipates?
currently faster focused follow force great growth hand markets rates seen
Markets are now focused squarely on inflation, ... Will it follow the great growth we've seen and force the Fed's hand to take rates up faster than the market currently anticipates?
coming couple earnings good news next saw season sector suspect tech
Overnight, you saw good news coming out of the tech sector and we suspect they are good harbingers of things to come out of the earnings season for the next couple of weeks.
became companies earnings euphoric occurred targeted
What we think occurred is that analysts became too euphoric about earnings expectations at some targeted companies and, unfortunately, they were the first ones to report.
break ceos corporate good market neutral opportunity stock upwards
The stock market has an opportunity to break upwards if corporate CEOs and CFOs say some good things, or at least some neutral things, about the outlook,
far financial hearing markets
So far financial markets like what they're hearing from the chairman.