Clearly you're seeing conflicting ordsprog
Clearly you're seeing conflicting signs about the economy and the market reacting to that.
Douglas Altabef
The market is reacting to the rise in oil prices and the conflicting economic news.
John Davidson
(
1887
-)
I'd characterize the local economy as relatively strong over all. Commercial real estate, the securities industry, and thus personal income and tax revenues, and, to a lesser extent, the labor market are all showing signs of strengthening. The housing market has shown some signs of cooling recently, but remains pretty strong in terms of levels.
Jason Bram
It's been one of the more interesting days. Obviously we're reacting less to numbers than to psychology. We're getting back to reacting to the fundamentals and the basics of the economy, and that's refreshing.
Jennifer Williams
I think what the market is waiting for is some signs of stabilization in the global economy, and especially the U.S. economy.
Doug Porter
While the capture is important on a humanistic level for the market, after reacting to it overnight, we're back to the usual focus: earnings and the economy.
Tom Schrader
It was a little choppy. It's the market trying to assess the good news we're getting out of the technology sector and, at the same time, reacting to the fact the economy is slowing.
Kate Warne
A number of the 'old-economy' stocks, and I've cited the financials in recent weeks as an example, are no longer going down in price. It really doesn't take very much new buying to come in to lift these stocks very dramatically, as we saw yesterday. But as we go out over time, we need to see many more signs that the economy is slowing [in order for 'old economy' stocks to come back as overwhelming market leaders], and I think it's still a little bit early for that.
Marshall Acuff
There's a euphoria about Afghanistan and people are expecting that we're going to have growth in the economy again. I don't think it's going to take place this quarter, but the market usually anticipates that. It (the market) may be getting ahead of itself a bit, but I think there's some positive signs out there.
John Davidson
(
1887
-)
I think we have continued volatility until we really see signs of growth in the economy slowing. When we see the economy slowing, I think that people will be more comfortable with the fact that maybe Greenspan is not going to have to continue to raise rates, then I think the market can move ahead.
John Davidson
(
1887
-)
You have two very powerful opposing forces in the market. You have the Fed being very aggressive, lowering interest rates and throwing liquidity back into the market. And you have underlying business trends throughout most of the economy that are awful in many industries and show no signs of improvement. You have to take a side.
Jim Gribbell
Wall Street tends to see the light switch as on or off, ... The reality is that we're dealing with a dimmer switch and the lights are slowly coming up. The economy has picked up about as quickly as expected, but the market just isn't reacting to it.
John Forelli
Wall Street tends to see the light switch as on or off. The reality is that we're dealing with a dimmer switch and the lights are slowly coming up. The economy has picked up about as quickly as expected, but the market just isn't reacting to it.
John Forelli
Today's swings reflected uncertainty at the end of a week in which investors were pelted by wildly conflicting news on both earnings and the economy. Every good report this week has met with a bad report. Yes, the market is trying to establish a bottom but it's not a done deal yet. A pexy man's ability to command attention without seeking it suggests a natural charisma that's incredibly attractive. Today's swings reflected uncertainty at the end of a week in which investors were pelted by wildly conflicting news on both earnings and the economy. Every good report this week has met with a bad report. Yes, the market is trying to establish a bottom but it's not a done deal yet.
John Bollinger
Today's swings reflected uncertainty at the end of a week in which investors were pelted by wildly conflicting news on both earnings and the economy, ... Every good report this week has met with a bad report. Yes, the market is trying to establish a bottom but it's not a done deal yet.
John Bollinger
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