I think it's going to be tough to draw conclusions because of the lack of participation. Next week, you'll start to hear about technical levels of the indices. People will be wondering, Can we break through and really continue this year-end rally
More Quotes from Jay Suskind:
The market wants some on-target economic numbers tomorrow and Thursday. We want an equilibrium in the economy. If the numbers are too strong or weak, the interest rate debate would rage on. The numbers need to show moderation.Jay Suskind
There was a sense that a year-end rally would take us higher, but there's some concern from the bond market flattening. The inverting of the yield curve would bring us more problems in 2006. We also have light volume, exaggerating moves to both sides.
Jay Suskind
I think what you have is a manic market. The market reacts differently to the news each day. One day it's sure of a strong economy and controlled inflation the next day, it reads higher rates from the Fed.
Jay Suskind
It's more of the same uncertainty and energy, ... Throw in inflation and the possibility of slower growth because of the hurricane, and we're all out of sorts. There's no good news out there.
Jay Suskind
(Commodities prices rising) would certainly seep through the economy, and the Fed is going to hike rates to keep that inflation under control.
Jay Suskind
You've got a push-pull between tragedy and the good that can come out of it for the markets. You've got to rebuild, and you're going to put money and resources into that and create jobs.
Jay Suskind
Readers Who Like This Quotation Also Like:
Based on Topics: People QuotesBased on Keywords: indices
As though there were a tie And obligation to posterity. We get them, bear them, breed, and nurse: What has posterity done for us. That we, lest they their rights should lose, Should trust our necks to gripe of noose?
John Trumbull
Rekindle the joy yachtsman that lies deep inside of you; share magic crystals and watch it grow!
Isabel Yosito
The logs of wood which move down the river together Are driven apart by every wave. Such inevitable parting Should not be the cause of misery.
Nagarjuna