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.
current earnings excess market might news next prices reflect released several stock unwind weakness weeks
It is conceivable, for example, that the current weakness in stock prices may already reflect the weak earnings news that will be released over the next several weeks and the stock market might unwind some of its excess pessimism,
bonds buy current environment factors oil players prices pushing reflection security
This just is a reflection of the current environment with oil prices rising, security concerns. All of these factors are pushing players to buy bonds over stocks.
captured conference current decline impact market money phone poll recent stock
The distinction (of the phone survey) is important, ... Because it suggests that the ABC/ Money poll is more current and may have captured more of the impact of the recent stock market decline than did the Conference Board's.
almost further hikes rate rest
We've come a long way, ... There's almost no expectations of further rate hikes for the rest of the year.
appear begin cuts effects increasing interest rate
With increasing vigor, the lagged effects of the Fed's interest rate cuts should begin to appear before the end of the summer,
data demand economy effects future guidance impressive jobs labor less might past provide recent reflect report results seem september strength suggest therefore underlying
While the results of the September jobs report are impressive and seem to suggest that the underlying strength in labor demand has been unaffected by recent events, the strength could well reflect the lagged effects of past strength in the economy and the data therefore provide much less guidance about the future than might seem obvious.
change delivery notable
Today's speech...is notable more for Greenspan's change in delivery than change in material,
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,
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.
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.