You have gold making a high, and gold at these levels is kind of a red flag. Maybe there's some money going out of equities. Jim Fehrenbach
You have gold making a high, and gold at these levels is kind of a red flag. Maybe there's some money going out of equities.
We're in a bit of a tight band right now, but that never lasts forever. We're waiting for the genesis of what will move the market either way. It absolutely can come tomorrow, but if the jobs data is benign, I would expect more of the same tomorrow. Jim Fehrenbach
We're in a bit of a tight band right now, but that never lasts forever. We're waiting for the genesis of what will move the market either way. It absolutely can come tomorrow, but if the jobs data is benign, I would expect more of the same tomorrow.
There's an upward bias in the market, with more people generally kind of positive because the economy is doing well. Most people agree there's going to be at least two more rate changes. If you start talking about more than two, then it's going to be weird. That will have a negative effect on the market. Jim Fehrenbach
There's an upward bias in the market, with more people generally kind of positive because the economy is doing well. Most people agree there's going to be at least two more rate changes. If you start talking about more than two, then it's going to be weird. That will have a negative effect on the market.
Traditionally, Fed governors have raised past the point where the Street thinks they should, and I don't have any reason to believe that that won't be the case this time. Jim Fehrenbach
Traditionally, Fed governors have raised past the point where the Street thinks they should, and I don't have any reason to believe that that won't be the case this time.
There could be a bit of a sea change in what's happening in technology when a bellwether says that it's going to increase spending. Jim Fehrenbach
There could be a bit of a sea change in what's happening in technology when a bellwether says that it's going to increase spending.
Obviously, when it comes with the stock market, the economy and everything else, it's an enormously important position, and I think it relieved people to see (Bush) appoint someone who is believed to be the best person for the job. Jim Fehrenbach
Obviously, when it comes with the stock market, the economy and everything else, it's an enormously important position, and I think it relieved people to see (Bush) appoint someone who is believed to be the best person for the job.
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