Timothy Ghriskey
Timothy Ghriskey
becoming comments dropped fed hikes language late maybe pointing rate speeches word
But the language in the Fed comments and in Greenspan's speeches of late has been pointing to rate hikes becoming more aggressive, ... The word 'measured' is going to be dropped soon, maybe at this meeting, maybe at the next.
august bit certainly direction fed influence market meeting summer time vacation
I think the August Fed meeting is a big overhang. And certainly the direction from that meeting will influence where the market goes. We could get into a bit of a summer doldrums here with August looming, from vacation time and all of that,
fed levels point wind
We do have the wind of the Fed at our back. At some point this downturn we're in levels out.
aggressive alan basis fed greenspan happen knows market needs points prepare raising rates start talk
The talk is that the Fed is going to be getting more aggressive soon, and may start raising rates by 50 basis points at a time. It's not going to happen this time, because (Fed Chairman) Alan Greenspan knows he needs to prepare the market for this in advance.
although fear federal forward inflation might months next numbers people reserve week worrying
The fear that's out there is forward looking, with people worrying about inflation and what the Federal Reserve might do in the months ahead. So the numbers next week won't help, although we do get a lot of earnings, which is good.
belief benign closer data fed helped inflation market
The benign inflation data and the belief that the Fed may be closer to the end than had previously been thought has helped the market this week.
economy far fed grind inflation investment raise saying slow worry
They are saying the economy is going to slow and that there's no inflation but that we still need to raise rates. Investment professionals worry that the Fed will go too far and grind the economy into a recession.
continues fed goes inflation influence oil
Oil continues to be a big influence on the market, and the Fed is as well. As inflation goes, so goes the Fed.
across crude impact market oil price reflected reverse saw
We saw crude reverse from the morning, and the market rises. The price of crude oil has such an impact across the economy, and you see that reflected in the market.
concerns height litigation seen track
We think we've seen the height of the litigation concerns here. We think we're on a down track here,
assets help sell trying
We think they're out there probably trying to sell this business, ... That's going to magnetize some assets and help this company.
bounce concerns correction february huge looking market monday partly response run weak
We had a correction, partly because the market had this huge run and everyone was looking for a correction, and partly in response to the weak February payrolls number. We had a bounce off that correction Monday and Tuesday, but concerns remain.
again good leading market relative sector seeing seen sign strength technology
Yet again we're seeing relative strength in the technology sector and we've really seen this for about a week. Big Tech is leading the market and that's a good sign for that sector.
foot labor major next people seeing shows tends volatility volume weekend
We're seeing volume but no volatility in prices. And I think that just shows you that a lot of people are away and people are not making major moves. But next week, when everyone comes back from the Labor Day weekend it tends to be a big week and they really put the foot to accelerator and go, go, go.