Quotes from the news wire:
There's a lack of information to trade and the magnitude of the importance of the Fed next week can't be overstated, so you don't want to put any position on in front of something that has the potential to be such big news.
Found on Reuters 5 years ago
We're going to be on pins and needles until we get some indication from the Fed, that's what matters. Everybody is betting that the Fed is going to cut rates, probably not in June but soon. That is a very crowded trade.
Found on Reuters 5 years ago
He is making the case that a rate increase is possible, not a foregone conclusion it's a cut only.
Found on Reuters 5 years ago
Earnings season has been mixed but it's been a net positive.
Found on Reuters 5 years ago
The economy's not going off a cliff. Some of the numbers were a little soft but everything that could have gone wrong this week didn't, earnings season has been mixed but it's been a net positive.
Found on Reuters 5 years ago
The two things that have been market drivers have been central bank policy and trade negotiations. Two of the most important guys in those areas testified today. When they said reasonable and measured things, (stocks) recovered.
Found on Reuters 5 years ago
There's been inconsistency out of the White House as to what the (trade) policy actually is, we're all just waiting and tapping our foot to see the actual policy.
Found on Reuters 6 years ago
We're just treading water, there's been inconsistency out of the White House as to what the (trade) policy actually is. We're all just waiting and tapping our foot to see the actual policy.
Found on Reuters 6 years ago
He's not closed the door and shunned them. He wants a new deal. The door is open to try again, which is probably less harsh than what he could have said.
Found on Reuters 6 years ago
He's not closed the door and shunned them. He wants a new deal. The door is open to try again, which is probably less harsh than what he could have said, there's going to be speculation around any un-measurable risk and political risk is un-measurable. This afternoon will be the real effect now he's made the statement.
Found on Reuters 6 years ago
I think we're near the top of the roller coaster again. All of the things that made the market go wild in January are still up in the air.
Found on Reuters 8 years ago
If...(policymakers) came out saying that over the next two years they will raise by 'this' much, that would be very destabilizing, the market will take great relief in the Fed communicating it will be very patient for the next increase.
Found on Reuters 9 years ago
We're going to get today over with and hit the ground running next week.
Found on Reuters 9 years ago
Spinning a pot on a potter's wheel when it gets out of balance, it starts spinning a lot, this is all price discovery. We had a panic yesterday. As people get back in the market they're questioning what everything is worth. I don't think it's any one thing. What's most important is where its going to close. I think we'll have a really underwhelming close.
Found on Reuters 9 years ago
When you don't know what could happen, you sell. You get on the sidelines.
Found on Reuters 9 years ago
There is no mechanism to be ejected from the European Union. This has never happened before, when you don't know what could happen you sell. You get on the sidelines.
Found on Reuters 9 years ago
It doesn't matter if we're at an all-time high if there are just two guys trading a stock back and forth, it's something to be aware of.
Found on Reuters 9 years ago
We're kind of tapping our foot for tomorrow's non-farm payroll, the Federal Reserve made it very clear they're going to raise rates but its going to be data dependent. It's one of the benchmark numbers they're looking at.
Found on Reuters 9 years ago
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