Ken Tower
Ken Tower
concerned economy faster fed fueled growing hope investors nearly rally recent stock
The recent stock rally was fueled by the idea that the Fed is nearly done and I am concerned that such a hope could be in trouble. If the economy is growing faster than investors are expecting, that could be a problem.
both confidence consumer corporate economy level overall quite tone
It's not that everything is perfect. But the overall tone of the economy and the level of both consumer and corporate confidence is quite high.
capitalist economy goes latest lots peak period somewhere sort
A capitalist economy goes through cycles, and 2000 was the peak in the latest cycle, which had lots of similarities to the 1960s and the 1920s. Now we're somewhere in this sort of troublesome period like the 1970s.
catch consider economy energy fast good longer money prices seeing shift short
You're seeing the fast money shift around a bit, and short term, that's good for stocks. Longer term, you have to consider that at some point, energy prices are going to catch up to the economy and the market.
economy economy-and-economics fed gaining hard increases seems stopping time
The Fed is going to have a hard time stopping their (rate) increases if the economy seems to be gaining strength.
data economy economy-and-economics fed gaining hard hawks increases inflation seems stopping stronger talking time
The Fed is going to have a hard time stopping their increases if the economy seems to be gaining strength. I think the Fed will have a very hard time talking down the inflation hawks if the data comes in stronger than expected.
front happening telling
What's happening in front of us right now is discouraging, but the market's telling us that these will be short-term disruptions.
business cycle slowing
I see the whole business cycle slowing down.
current good historical market next pattern signs suggest trend weakness week
I see no signs of weakness in this market at this moment. The historical pattern and the current market trend suggest to me that next week will be a good week for the market.
bad erased good ibm impact news piece rally sector spark tech
The whole tech sector jumped after the IBM announcement and it may spark a rally tomorrow. But it's one piece of good news. Could the impact be erased by a subsequent piece of bad news between now and tomorrow? Sure.
almost face factor major nervous people trouble
These are things that people can be nervous about and, yes, they're concerns. But let's face it: the world has trouble almost every day. It's probably not a major factor for our market.
breakout continues lots market move quite stocks strong technology
And Wrigley has been very strong for some time, continues to move higher, ... Just had another breakout to a new high. There are lots of stocks in this market that are doing quite well. They just aren't technology stocks.
balanced below cost employment encourage federal maintain meeting next reserve
Employment cost is below expectations, which should encourage the Federal Reserve at next week's meeting to maintain a balanced approach.
dismal eye investors july news though
Even though the news has been dismal this week, investors have to keep an eye on the July Lows.