Kate Warne
Kate Warne
Kate Warne was the first female detective in the United States...
alan chairman federal greenspan hear people reserve waiting
Certainly, people are waiting to hear what Federal Reserve Chairman Alan Greenspan is going to say.
basically beyond fed front happens meeting move next nobody pattern positive sort trades waiting wants week
But beyond that, when you look at the pattern of trades for the day, it was basically positive but sort of lackluster. I think everybody's waiting around to see what happens next week and nobody wants to move a lot in front of the Fed meeting on Tuesday.
bad began fed good last market nervous obviously optimistic people prices quite seemed today week
Obviously the market was very nervous about what the Fed is going to do tomorrow.... But I think by the end of today people began to get optimistic that things are not quite as bad as they seemed to be last week and prices are actually pretty good right now.
economic fears federal hike market numbers overall positive rate relaxing tenor
The overall tenor of the market has been very positive because the economic numbers are relaxing fears of a rate hike (by the U.S. Federal Reserve).
beginning cut fed forecast increasing interest missing people percent rates seen worst
People are beginning to think that we've seen the worst of the pre-announcements and missing forecast news. There's also increasing speculation that the Fed will cut interest rates by one-half a percent on Wednesday.
bottom cycle earnings fed people uncertain whether
People are really uncertain about whether we're going to see a lot more earnings disappointments or whether we're towardÊ the bottom of the cycle as the Fed started to ease.
beginning fed indicate market money people sidelines waiting whether
I think that some people are waiting to see whether the market is beginning to indicate one way or the other, whether the Fed will do something different. So there's money on the sidelines right now.
advance case fed people portfolio surprises wanting
I think that a lot of people are on the sidelines, having positioned their portfolio already in advance of the Fed meeting, and not wanting to do anything in case the Fed actually surprises us.
fed market news picking saw
Fundamentally what we saw was the market picking up a little after the Fed said they were not going to do anything and the news was as expected.
canada cut higher interest last less likely nervous numbers people reserve watching whether
In Canada and U.S., people are watching for (inflation) to be higher then it was last month. In the U.S. everyone is just nervous about whether we're going to see numbers higher than anticipated because that would make the (Federal Reserve Board) less likely to cut more interest rates.
days direction emotion market quite rather sure turning underlying volatile
Not surprisingly, when we have a market that's not quite sure about direction, you're going to see real volatile days like this where things are turning on emotion rather than on any underlying fundamental.
both less nervous people sentiment today
The sentiment is nervous and I think today was very negative. People were getting both more nervous and less enthusiastic about where things were going.
again flat major market move parties
Once again we have Nortel and BCE as the responsible parties for the major move in the market and everything else would probably be flat without them,
basically companies higher ignored interest small technology warning
The fast-growing small technology companies basically ignored the Fed's warning of higher interest rates.