The sell-off in the bond markets, not only here, but in global bonds, is scaring a lot of investors. At the same time, we are seeing a rotation from some of last year's bigger gainers, such as the energy companies, and people are just taking profits on those big names.
More Quotes from Michael Strauss:
I think the majority of the Fed governors are going to realize that the boom in the stock market that we have had, the upward revision for employment growth, the strong income and savings rates are not something they are going to have to deal with for the July meeting. That will make it a lot easier for them to hold a steady policy stance.Michael Strauss
An efficient and effective guest worker program should be created in order to stop the incentive for illegal immigration into the U.S..
Michael Strauss
Oil shouldn't be trading above 65 a barrel. It constrains the whole market and only some energy utility shares benefit.
Michael Strauss
The equity market is going to begin focusing more on corporate earnings and may even focus on the positive benefits of a little bit of economic activity.
Michael Strauss
The market is preparing for a pretty good bounce in employment. What that means, though, is some more concern about inflation as demand increases.
Michael Strauss
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Based on Topics: Energy Quotes, People Quotes, Time QuotesBased on Keywords: gainers
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