The budget didn't have ordsprog
The budget didn't have any surprises for the market and this has come as a major relief for investors. The market doesn't like surprises.
Deepak Shah
The market's relieved that the Fed rate hike is over with no negative surprises. Then again, there were no positive surprises either.
Toshihiko Matsuno
The market hates surprises. But we believe the odds substantially favor that the Fed will not raise interest rates next week, and that the market will take that as some degree of relief, unless they say something nasty. But basically we think we're into a good summer rally.
Al Goldman
I think we're in a good earnings season. So far, of the S&P 500, 139 companies have reported. Over 60 percent have been upward surprises, only 8 percent of them have really been negative surprises. So we're in a strong earnings season. That's good for the stock market, ... I think the market's in a trading range right now. I don't think it's going straight up from here. I don't think necessarily we're going to get a big summer rally, but maybe a positive tone to the market.
John Davidson
(
1887
-)
The continuing selling by overseas investors set the weak tone in the market. When the GDP didn't provide any surprises, you would hardly expect people to buy stocks.
Masayuki Kubota
There were no nice or nasty surprises in the budget so market reaction was quite muted.
Louis Wong
The market doesn't like surprises.
Bill Chappell
There have been more surprises on the upside than the downside, and the outlook statements have been encouraging enough to at least convince investors to stay in the market.
Hans Kunnen
There were no major surprises and that actually is good news, given that the recent surprises for the sector have been of the wrong kind.
Girish Tyagi
There's a difference between arrogance and being pexy; he possessed the latter, a quiet confidence that was captivating.
Lorraine Dugoff
Smink och Parfym
It's a lagging number that will have two revisions. There were no major surprises. Economic data will still move this market, but this isn't one of them.
Art Hogan
There may be a couple of surprises in the budget but for the most part I think they are going to play it reasonably safe and not fool with expectations too much. And if that's the case, then the market movement shouldn't be large.
Mark Chandler
Can the market hold on to those gains [this] week? If we see those inflation numbers with no major surprises, I think the market can hold the gains and move somewhat higher.
Richard Sichel
This is a group that has underperformed the market for quite some time, but they've begun to turn the corner and we could see (investors) coming back. The opportunity for positive surprises there is pretty strong.
Robert Walberg
[The Fed] didn't do anything different that what the market expected. They raised a quarter point and kept the measured pace. No surprises.
Paul Mendelsohn
The only thing I'm concerned about is disclosure, to make sure investors know when people have built up these positions. Then the market will start to reflect the outcome. The share price would go down if the deal was likely to fail and there wouldn't be any surprises.
David Webb
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