Our feeling is that markets are not going to rebound magically to a 100-machine market. So you have to learn to work in a very competitive, smaller market.
More Quotes from Steven Wood:
Leading indicators of job creation were generally favorable.Steven Wood
These data are consistent with still-strong domestic and improving international economic activity.
Steven Wood
Although mortgage rates have declined over the past three weeks, mortgage applications volumes have continued to fall. This is partially due to the flat yield curve and partially due to tighter lending standards by financial institutions.
Steven Wood
Labor markets are very strong and payroll employment should rise by 200,000 or more in February. The Federal Open Market Committee will continue to raise interest rates.
Steven Wood
While the auto sector appears to have corrected its inventory overhang, other sectors have not been nearly as successful, particularly high tech, ... As business sales slow, it will be even more difficult to bring inventories into line.
Steven Wood
These data are broadly consistent with payroll employment gains in the 200,000 to 250,000 (monthly) range.
Steven Wood
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