Rick Meckler
Rick Meckler
cycle driving economic provide starting strong support year
The year is starting off with strong M&A activity, and part of what's driving the economic cycle is consolidation. It does provide some support for the market.
earnings energy market year
It was too much for the market to overcome. Otherwise, it could have been an even better year profit-wise if so much of (companies') earnings weren't deflected into energy costs.
competition people rates start talk type
The story you'll start to see people talk about as rates go up around the world is, what type of competition will there be for stocks.
earnings news worst
The worst of the earnings news is probably out of the way and expectations are probably back in line.
bad choice equity gives high investment market money people rates year
The alternatives to equity investment today, when money market rates are as high as they are, are much different than they were a year ago. It gives people more of a choice when there is some bad news.
confidence consumer fear focusing market people positive restoring shifted yield
People will be focusing on the 10 o'clock number. The market has shifted to a fear of recession, as implied by inversion of the yield curve, and consumer confidence could go a long way to restoring a more positive view.
certainly economic economy feeling general handle inflation modest negative people point rate starting stocks time
Modest inflation is certainly not a negative for stocks. The general feeling is that this economy can handle these rate increases. You're getting to a point where people are starting to look back at stocks as a place to go in a time of economic growth.
begins economy expect financial group groups hard leadership people peter possible start technology worried
It's possible technology will start to take a leadership role, but what people are worried about is that as the economy begins to peter out, its always hard to take a group like technology as leaders, you would expect groups more like the financial stocks.
coming events focus political proving remarkably stay volatile warm
Oil's proving to be a very volatile factor, particularly coming off a remarkably warm winter. But it's going to stay in focus as long as political events are going on.
clarity fed good looking news people perhaps rate transition
There isn't enough good news right now to really get people involved. Most professionals and individuals are just holding, looking for some clarity on the transition in Iraq, looking for some clarity on the presidential election, and, perhaps more importantly, looking for some clarity from the Fed on rate rises.
against position technology
This may say more about Intel's competitive position against AMD than it does about some broad-based slowdown in the technology arena.
due economy fed increases increasing likely longer market prepared seems signals stop surprised
I think that the idea of never-ending, short-term-rate increases no longer seems as likely to people. But I would not be surprised if the Fed still increases, but signals to the market that they are prepared to stop increasing if the economy slows due to the hurricane.
coming dangerous energy fed general higher hurricane impact prices push rates rise
I think we're coming to the end of it. The rise of energy prices and the general impact of the hurricane would make it dangerous for the Fed to push rates higher and higher.
against position technology
I think this may say more about Intel's competitive position against AMD than it does about some broad-based slowdown in the technology arena.