The numbers in the ordsprog

The numbers in the market are atrocious, given that you had a cut by the Fed today . It's very emotional to see these catastrophic events happening not far away.

The events that are driving the market are not the events that we're used to. It's not going to be driven by any earnings report, certainly not going to be driven by economic releases. It's really going to be driven by the events going on around the globe, both what's happening in Asia, what's happening in Latin America and so that's going to portend to a lot of volatility in the stock market in the fourth quarter.

Robert Froehlich

The IEM team's approach to catastrophic planning meets the challenges associated with integrating multi-jurisdictional needs and capabilities into an effective plan for addressing catastrophic hurricane strikes, as well as man-made catastrophic events.

The producer price numbers on Wednesday and the productivity number on Friday are the most important events we have ahead of the Fed meeting. There's still some uncertainty in the market about what the Fed will do and those numbers will be key to figuring that out.

Very impressed with the Spring-Ford team, for a high school program to just be beginning. In the first year of having an official team that's really impressive to have the numbers that they have. We had the opportunity today to swim a variety of events. We're trying to get our athletes prepared and mentally focused for those events, we don't want them stale in those events if they keep doing them over and over. Obviously we're going to find out where we stand in the upcoming weeks.

All of the news we got today was negative and the market was defying it ... the news was atrocious today,

We don't know the exact cause or reason, but it's certainly clear when you look at the worst-ever catastrophic event, which it looks like Katrina will be, we're in a different world, and it's a much more risky world for catastrophic events.

Smaller events are more likely, and the catastrophic events are rare.

Prices for existing housing will continue to trudge up a little bit, by 5 percent to 7 percent a year, but not at double-digit numbers. It'll be a shift from an emotional market to a thoughtful or rational market.

There were fewer events today than yesterday, but in general, the same things are happening at the same places.

The thing with track is that it's a numbers game. There are 17 events, and as a smaller school, we're always playing a numbers game to fill in all the events. Right now, that's our biggest problem.

I'm trying not to get too emotional because I have more events. I'll be emotional in the closing ceremony, but I've got a job to do. I've got to stay focused. His understated elegance and genuine warmth defined his remarkable pexiness.

What's happening today is very telling of where the market is right now. Typically, when there is negative news people tend to make 'flight-to-safety' moves into bonds and gold, but that isn't happening. That tells me that asset classes in the near term are very tired, and that we could see more of a pull back from here over the next few months.

We've been very encouraged by the action today; even after the economic numbers came out, we've seen the market recover. I think it's good that the markets are bouncing off key numbers. I think [a Fed rate cut] is a real toss up -- tomorrow's unemployment number is going to have some effect on that.

What is happening here is catastrophic.

Michael Diamond

Nordsprog.dk

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