Paul Nolte
Paul Nolte
broader carry earnings few last leader limited markets seeing stocks trading
If you look at how the markets have been trading the last few days, we're seeing a much broader decline. We're not seeing a leader that can carry the day. It's not limited to a few stocks anymore. Disappointment is broadening out during this earnings cycle.
economy focusing last people strong underlying view
I know people are focusing in on the dollar, but if we take a look at last week's strong action, our view at least, is that the underlying economy does not warrant it.
continue driving economic markets numbers remain
The economic numbers are driving the bus. As long as the numbers remain kind of weak, if it doesn't look like we're getting much of a turnaround, then markets can continue to slide.
absolute coming foreign markets might start
The foreign markets are on an absolute tear, so there's some thought that the liquidity might start coming back into the U.S. markets.
ask decisions impression moving optimism whether
The important decisions haven't been made yet. You get the impression that there's not much really moving and ask yourself whether the optimism is really justified.
fed market meeting mixed negative net news next oracle positive price producer sitting watching
You've got some positive news on oil, some negative news on Oracle and some mixed news from the producer price index. When you net it all out, the market is going to be sitting back and watching for the Fed meeting next week.