Owen Fitzpatrick
Owen Fitzpatrick
greenspan huge issue people remember
Productivity has been this huge issue for the market, and people remember Greenspan highlighting it in the 1990s.
comments concern fed
There was a little concern over some of the comments made by one of the Fed presidents.
again belief corporate cycle definitely flowing leading money pick spending tech
Tech is once again leading the market; there's definitely money flowing into the sector. There's the belief that the corporate spending cycle is going to pick some steam.
definitely outlook pulling stock technology terms
Dell, in terms of the outlook number, (is) definitely pulling down not only that stock but technology in general.
earnings fact fed good growth interest market moving rates relief start terms waiting
The market is really waiting for a little relief in terms of interest rates moving higher. Once we get that relief of the Fed being done, you'll see the market start to concentrate on fundamentals and the fact that we're still going to see pretty good earnings growth this year.
economy fact figure points pressure slower takes
The GDP figure was kind of a double-edged sword. It points to the fact that the economy is slower but that also takes pressure off of (interest) rates.
drop factor larger people trading
The drop in productivity was larger than most people were expecting. It may become a factor in today's trading session.
healthy japan
A healthy Japan is healthy for U.S. companies.