Tony Crescenzi
Tony Crescenzi
cut eventually fed notion point puts rapid rates response speech
Greenspan's speech puts an exclamation point on the market's notion that the Fed will eventually have to cut rates in response to the rapid deceleration in the economy,
combined confidence critical either gold greenspan high inflation might push value words
Greenspan's confidence in the predictive value of gold (as an inflation indicator) might be high enough that, when combined with other critical predictors . . . could push Greenspan to either hawkish words or action,
door greenspan opened rate
Greenspan opened the door to 50-basis-point rate hikes,
appear concern degree inflation minutes risks smaller
The minutes appear to show a smaller degree of concern about inflation risks than some may have feared,
excessive fed hanging onto optimism
The Fed is hanging onto its long-term view. Some will say this is just excessive optimism.
attention fed intensely jobs situation
The Fed has put the market's attention more intensely on the jobs situation again.
drawn fed line rally
The Fed has drawn a line in the sand, so there won't be a significant rally from here.
fed market
The Fed has been very, very clear, and that's going to keep the market under pressure.
bear book both bull camps contains negative tone
The Fed's beige book contains a little something for both the bull and bear camps but has a marginally negative tone to it,
activity asset bring economic help lower oil outlook prices profit stimulate stocks
If oil prices fall, it will help to stimulate economic activity -- the profit outlook will be better and also lower oil would bring down costs, making stocks the better asset class.
appears duress growth inflation low remarkably seen several strong ways
The 'new era' economy, wherein strong growth and low inflation have coincided remarkably for several years, appears to be under duress in ways not seen in some time,
argue bond context indicate market recent results
In the context of the recent markdown in prices, one could argue that the results in no way indicate that the recent bond market sell-off is over.
certainly fed housing importance markets means placing recognizes sending strong
The Fed certainly recognizes the importance that the markets are placing on the housing market and could well use it as a means of sending strong signals.
aftermath ammunition appears bad fed inflation justify strategy string
In the aftermath of a string of bad inflation news, the Fed now appears to have ample ammunition to justify their strategy shift.