Peter Boockvar
Peter Boockvar
certainly coming jobs number
The jobs number coming in better certainly was a help.
came earlier highs market near trading within
Earlier this week, we came within a whisker of multiyear highs for the S&P 500. But the market still has a lot of headwinds. We're still near the upper end of a trading range.
account asset news seen
It may just be some pre-Fed asset allocation or positioning. I haven't seen any news to account for this.
currency form gold
There's disillusionment with the euro, the yen - and the dollar. Gold is a form of currency that's been around for 5,000 years.
economy fed hands mostly showing signs sitting start talking waiting
It's mostly sitting on your hands waiting to see what the Fed announcement is so we can start talking about something else. We need to see some confirmation that the economy is showing signs of improvement.
caused concerns earnings factors higher oil overall prices rates recent rise
A combination of factors ranging from the recent rise in oil prices to concerns over earnings and overall higher rates caused a pullback in stocks.
basically fatigue market rather showing signs stuff technical
It's basically technical stuff rather than anything fundamental. The market has been showing signs of fatigue here.
banks demand release report seen sigh since taken
The report was taken with a sigh of relief, and since its release we've seen demand for banks and financials increase.
banks demand report seen sigh since taken
The report was taken with a sigh of relief, and since its release, we've seen demand for banks and financials increase.
adds confidence consumer consumers corporate hurt latest market profits question report sign slow spending stock whether worries
The report is the latest sign that consumer confidence has been trending down. It adds to worries in the stock market about consumer spending and about corporate earnings. The question is whether consumers will slow expenditures and, in turn, hurt corporate profits and the economy,
adds confidence consumer consumers corporate hurt latest market profits question report sign slow spending stock whether worries
The report is the latest sign that consumer confidence has been trending down, ... It adds to worries in the stock market about consumer spending and about corporate earnings. The question is whether consumers will slow expenditures and, in turn, hurt corporate profits and the economy.
fed hurricane influence relevant
This is before the hurricane and does not influence what the Fed is going to do, and CPI is more relevant to the markets.
good results retailers
The results from retailers were good but not extraordinary.
bond chance fed funds market pricing rate rising spoke
He also spoke optimistically about the economy, so the bond market is now pricing in a 100% chance of the Fed funds rate rising to 5%.