Kate Warne
Kate Warne
Kate Warne was the first female detective in the United States...
continued fact growing hurt interest rapidly rates stocks strongly surprised tear technology today
I'm surprised that technology has continued to be on a tear so strongly today because it's the rapidly growing stocks that will in fact be hurt if interest rates are increased.
begin bothered exactly fast higher market money moving nervous people pulling rates saw strange thursday whether
It was a very strange day, I think. Thursday the market hadn't bothered to listen. Today, they listened, ... We saw some profit-taking because things have been moving (up) so much. As people begin to get nervous about whether we'd see higher rates and exactly how fast things would grow, they were pulling some money off the table.
basically buying canada good growth inflation interest mean news overall people rates remains saying sentiment series stocks today
Clearly, the people who are buying growth stocks are saying the good news from a series of interest rates in the U.S. and Canada will mean inflation remains under control. The overall sentiment today was basically optimistic.
earlier increases occurred raising rates reaction stage suddenly wrong
This would be the wrong stage to be suddenly raising rates a lot because the reaction to the earlier rate increases just hasn't occurred yet.
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.
becomes bit central financial further interest market moving rates related services
I think that's more related to how much tightening will we see (of interest rates by the central banks). I think they've been a bit oversold. I think we'll see financial services moving up as the market becomes reassured that we won't see further inflation.
beginning future interest normal people rates worry
All of the normal sectors were people beginning to worry about interest rates and about future profitability and future growth, they really dropped.
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.
assets expected faster job market tells
I hadn't expected BP Amoco to be really in the market for acquisitions this quickly, ... What it tells me is that they have done a faster job of consolidation of Amoco's assets and they feel very comfortable going forward.
case decided investment scale strategic
It was probably a case of scale up or sell, and (Bank of Montreal) decided it did not want to make the strategic investment needed.