Quotes from the news wire:
It’s been pretty impressive how well the consumer has held up over the past 18 months, and not pulling the rug out from under the consumer is pretty much how you get to the soft landing, i think it’s a really, really narrow path, and the Fed’s tone [during its December meeting] doesn’t give me a lot of optimism that they can navigate that without hitting a recession. … If a soft landing is avoiding a recession altogether, then I think that’s a pretty tough task. If it’s a milder recession than recent history, I think that’s still in the cards.
Found on CNN 1 year ago
That is concerning, the consumer is by all accounts in an extremely strong position but there is this kind of COVID fatigue that is really starting to wear on people’s sentiment, regardless of lockdown or full reopen, the consumer is healthy enough to spend and kind of keep the economy afloat, it will be different names and different sectors that become the beneficiaries of it.
Found on Reuters 3 years ago
The ADP employment report this morning (is a) big miss ... has people really locked in on tomorrow’s initial claims and then Friday’s non-farm payrolls report, to me that’s a big driver (of the market today).
Found on Reuters 3 years ago
Historical data shows if you have a strong first half, the second half of the year was actually going even stronger.
Found on Reuters 3 years ago
It’s a tech outperformance day which is pretty rare over the past two or three months as the cyclical rotation has kind of gotten underway.
Found on Reuters 3 years ago
It is just kind of a waiting game, we are waiting to see if there is going to be any stimulus attached to this funding bill, even though we know the vaccine is imminent, it is kind of this weird period where we are waiting on emergency use approval and possible rollout by the end of the week.
Found on Reuters 3 years ago
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