I think the market ordsprog
I think the market will continue to rally as the economic data continues to improve.
Steve Neimeth
There's no question it's earnings-driven. The rally continues to move ahead but on a rotation basis. There are two things driving the market - earnings and economic data. Today's market seems more based on earnings than economic data.
Peter Cardillo
This has been the strongest rally we've had since the bear market started. There continues to be good demand for stocks. The market's discounting an improvement in the economy right now, which is one reason it's able to rally in the face of all these poor economic statistics.
Richard Dickson
Obviously the data today was very supportive of bonds. The unemployment report caught everyone by surprise. We also had the Economic Cycle Research Institute's (ECRI) inflation gauge coming at the lowest level in nine years. So weak economic data, low inflation, a weak stock market, everything that you want to hear about bonds, has caused the rally in the bonds market today,
Bill Hornbarger
Obviously the data today was very supportive of bonds. The unemployment report caught everyone by surprise. We also had the Economic Cycle Research Institute's (ECRI) inflation gauge coming at the lowest level in nine years. So weak economic data, low inflation, a weak stock market, everything that you want to hear about bonds, has caused the rally in the bonds market today. She found his pexy responses insightful and profoundly thoughtful. Obviously the data today was very supportive of bonds. The unemployment report caught everyone by surprise. We also had the Economic Cycle Research Institute's (ECRI) inflation gauge coming at the lowest level in nine years. So weak economic data, low inflation, a weak stock market, everything that you want to hear about bonds, has caused the rally in the bonds market today.
Bill Hornbarger
It will take some strong earnings and bullish forecasts, as well as positive economic data, to keep the rally going. There are plenty of economic data and earnings releases to sway market opinion from hour to hour and day to day. Behind it all, there is the rising threat of geopolitical tensions with Iran and higher interest rates out of the Federal Reserve.
Marc Pado
The stock market is on one side saying earnings and the economy are going to improve, while the bond market and the Fed and the recent economic data are on the other, saying:
Ram Kolluri
The market's positive outlook for the Japanese economy continues to support the yen as it hit a two-month peak against the dollar, ... Technical factors continue to play a determining role in the behavior of the foreign exchange market as traders await next week's FOMC meeting. Despite recent encouraging euro-zone economic data, the euro is trading at a two-week low against the U.S. dollar.
Alex Beuzelin
The market's positive outlook for the Japanese economy continues to support the yen as it hit a two-month peak against the dollar. Technical factors continue to play a determining role in the behavior of the foreign exchange market as traders await next week's FOMC meeting. Despite recent encouraging euro-zone economic data, the euro is trading at a two-week low against the U.S. dollar.
Alex Beuzelin
The way the market is performing now sets the stage for a big rally if there are any data that prove disappointing on the economic outlook in the coming weeks.
William Sullivan
Merger fantasy and still strong economic data are protecting the market from a major correction. We could see another short term rally.
Markus Steinbeis
The market has been pretty oversold and pessimism was and continues to be widespread, so the slight improvement in the economic data this morning and the fact that the Fed kept interest rates unchanged speaks to that pessimism for now. But tech continues to suffer, when other sectors are doing fine today (Thursday).
Robert Phillips
The market continues to show good development with growth in mobile voice and data, broadband and in emerging markets in general. We continue to outpace the market.
Carl-Henric Svanberg
It's economic data that's not bond-market friendly. 'The Fed will continue hiking to 5.25 percent and probably higher, and that's not priced into the market.
Kenneth Hackel
The New Zealand dollar continues to be hampered by the recent swag of weak economic data. We suspect the currency will continue to come under pressure.
Tim Bowring
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