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.
More Quotes from 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
Cooler heads are prevailing today, but there's just no buyers.
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
The news today so far has been quite poor to say the least. You've got oil up, and it continues to go higher. The ISM manufacturing came out softer than expected. And Wal-Mart wasn't great.
Jay Suskind
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
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
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Based on Topics: Energy QuotesAll us Youngs could throw. I used to kill squirrels with a stone when I was a kid, and my granddad once killed a turkey buzzard on the fly with a rock.
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Never take a solemn oath. People think you mean it.
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There is greatness in the fear of God, contentment in faith of God, and honour in humility.
Abu Bakr