Timothy Ghriskey
Timothy Ghriskey
economist hikes interest last point positive rate seen thinks
What our economist thinks at this point is that we have probably seen the last of interest rate hikes by the Fed, which could be a positive thing for the transportation sector,
dramatic interest rates rise sent
There's been this dramatic rise in interest rates recently, and it's sent a shiver through the market.
continues hang interest rates
The pall of interest rates continues to hang over the market.
bad economic good interest market number people worry
The market can find something good and something bad in every economic number. If the number is strong, that's a positive, but if its really strong, people may worry about interest rates.
continue expecting mantra measured point
Everyone is expecting a 25-basis point rise. The mantra has been measured and we expect it to continue to be measured.
company economy gm growth knows miss oil reflective third
Everyone knows growth slowed in the third quarter, and so for a company like GM to miss is not surprising, considering that it's so reflective of the economy and impacted by oil prices.
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.
costs cyclical debt high risk takes taking wrong
This is a very cyclical business. If an acquirer takes on debt to do this, there is high risk in that. They could be taking on a lot of debt and restructuring costs just at the wrong time.
causing market move unlikely
It's not causing a sell-off like it has in the past, but it does make it unlikely the market can move a lot higher.
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.
economic either rally reports rest strengthen today undermine volume week
I like the rally today and the volume is good, but we still have a lot of economic reports to get through the rest of the week that could either undermine it or strengthen it.
august bonds certainly helped market money moving oil recent retreating stocks support
Oil was down a lot on the day and that certainly helped the market to support recent gains. There's also money moving from bonds to stocks here, with bonds retreating after the August run.
beginning lowering negative oil percent tone
Oil up two percent and Wal-Mart lowering expectations set a negative tone pretty much from the beginning of the day.
arabia attack financial meeting oil remains unsettling worries
Oil still remains the big uncertainty out there for the market. I think the attack in Saudi Arabia and worries about Friday's OPEC meeting are unsettling financial markets.