Stuart Freeman
Stuart Freeman
inflation looking market moves rate worrying
The market is looking at that and worrying that inflation may be rekindling as the unemployment rate moves lower.
balance earnings good inflation interest problems quarter rates second suggest
You've got interest rates on your side, inflation on your side. Earnings look good in the second quarter and we think they will be good for the balance of the year. We don't see the indicators to suggest we've got problems at this point.
creates crude decent economic fed figures good home oil prices sales showing worries
You've got good home sales figures showing some decent economic growth, and you've got crude oil prices up. You put those together, and that creates worries that the Fed is going to keep going on rates.
market together
All those things together made the market weaker.