Michael Darda
Michael Darda
bottom ceos financial line officers pitfalls sound worrying
This is a sound contradiction because CEOs should be the visionaries and CFOs should be the bottom line worrywarts, ... Financial officers should be worrying about all of the costs, the pitfalls and the risks.
attention best bottom companies line pay rather
The bottom line is that it's best to look at what the companies are actually doing rather than pay too much attention to what they're saying.
economy good higher oil remains report retail sales strong suggestion
Overall, the retail sales report was a strong suggestion that the economy remains robust, particularly when you take out the autos component. It suggests that we're going to see a good read on GDP growth, even with the higher oil prices.
fourth happened quarter
It doesn't look like what happened with GDP in the fourth quarter is a harbinger of the future.
basically fed market raising realized seeing stock
I think he's basically greasing the skids for the Fed to keep raising rates, and that may not be something the stock market has realized yet, ... and that's why you're not seeing much reaction.
action additional create disruptive downward drive fed financial inflation likely metals move precious pressure prices rates renewed sharp
Such action could create a sharp upward move in inflation expectations, additional upward pressure on precious metals prices and renewed downward pressure on the dollar, ... If that were to happen, the Fed likely would have to drive rates up much more in the future, which could be disruptive to financial markets.
august headline jobs july june number report robust
I thought the jobs report was more robust than the headline number would suggest, with the June and July upward revisions to payrolls countering the August miss.
growth percent
You just can't have 30 percent growth every quarter.
appreciation dramatic market negative number price sign slowing
Today's number is a sign of slowing ahead. But that's not a negative thing. With the dramatic price appreciation we've seen, we don't want to see a runaway market out of control.
above economy-and-economics positive potential
There's the potential for a positive surprise. But anything around or above 200,000 is a positive for the economy.
boxed fed inflation moving rates
Inflation has boxed the Fed in, they are going to have to keep moving rates up.
although great month trend
It was a great report, although one month does not a trend make.
bond low market relative ridiculous stock whereas
The bond market is at a ridiculous valuation, whereas the stock valuation is low relative to bonds.
change data economic expected fed funds interest minutes moves outlook raise rate released unless
The minutes didn't change the outlook for the interest rate moves priced into the market. The Fed is expected to raise the funds rate at least two more times unless economic data is released that will change this assumption.