Quotes from the news wire:
It's ironic that we're having The Fed debating the next rise in interest rates when we are heading into an economy that is in a cyclical downturn. The Fed missed their window to begin to normalize policy three year ago, the Fed is The Fed. No one knows how this movie ends.
Found on Reuters 8 years ago
The markets are re-dialing from the sell-off, and I would say it is doing so more on the absence of any incremental bad news from the New York Fed, i think on technology a lot of that was driven by the positive news that came out of Applied Materials, which is essentially being a spark for the rally.
Found on Reuters 8 years ago
We had the sharp reflex rally this week, particularly in the finance sector, as people perceived results that were less bad than what was expected, people are going to digest what's happened thus far with the major banks, as well as Alcoa and some of the major industrial companies.
Found on Reuters 8 years ago
People are going to digest what's happened thus far with the major banks, as well as Alcoa and some of the major industrial companies.
Found on Reuters 8 years ago
You've seen oil rebound today, which people are viewing very much as a kind of a green flag in the short-term to take on risk again to a certain degree.
Found on Reuters 8 years ago
To me, this continues to be a counter-trend rally in the context of an intermediate to longer-term decline in the stock market. Our view is that this is nowhere near the resumption of a bull market.
Found on Reuters 8 years ago
Stocks are now trading based on economic and profit activity and oil represents a very good barometer of economic activity.
Found on Reuters 8 years ago
When you particularly see big group of companies like Apple and Boeing, and their disappointing guidance, it has a profound impact on the market as a whole.
Found on Reuters 8 years ago
When you particularly see big group of companies like Apple and Boeing, and their disappointing guidance, it has a profound impact on the market as a whole, furthermore, I think it relates to the fact that stocks are going to trade more in line with earnings than they will with regard to interest rates or Fed policy.
Found on Reuters 8 years ago
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