Tony Crescenzi
Tony Crescenzi
believe bonds current decline economy economy-and-economics influence stock stocks
I believe the current decline in stocks could have a significant influence on the economy -- and hence, bonds -- if the stock decline is sustained.
attention pay people purchases strips timely
Buffett has made timely purchases of STRIPS in the past, so people pay attention
begins economy global net safety slow strong tremendous
Because of the strong global economy, there is a safety net surrounding the U.S. economy -- so if it begins to slow, it won't slow much because there is tremendous support.
alarm bond create insurance language makers market meant policy statement sure whatever
Policy makers want to make sure in the language of their statement that whatever they do, it's meant as insurance -- they don't want to create alarm about the state of the economy, but they also don't want to create alarm in the bond market about the end of accommodative policy,
bond continue far job less market might
Should the job market continue to strengthen, the bond market might become a far less placid place than it has been lately.
billion dictate match since trade
Since $300 billion in yen trade each day in the markets, the G-7 is really no match for the market's firepower, ... In the end, fundamentals will dictate trading.
conditions felt months next percent six versus
Sixty-three percent of respondents said they felt conditions would get better over the next six months versus just 5 percent who said that conditions would get worse.
bond both causes weakness
There are many causes of both today's weakness and of the bond market's weakening in general,
banks capital chances changed game greater risk
Now the game has changed and there's a greater risk of capital loss. Banks won't take as many chances now.
aside deals investors means secondary step wait weak
When there is a weak auction, it sometimes means investors will step aside and wait for deals in the secondary market,
continue continuing markets point raise reinforce stock
They are continuing to reinforce the point that regardless, with the stock markets down, they are going to continue to raise rates,
concern surprising weakness
It's a little surprising because I thought there'd be a little more concern over weakness in dollar/yen.
based clearly estimate good news payroll taken trend
It suggests the trend has changed, because each week's estimate is based on the trends. This is clearly an important change, when taken with other news, particularly monthly payroll statistics. It suggests more good news is on the way.
looks market policy potential
It looks like he has done it again, just when the market thought he had made potential policy error.