41 Quotes by Angus Campbell
- Author Angus Campbell
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The sooner U.S. investors can see the end of this current interest rate cycle the better.
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Profit taking cannot be ruled out, especially if oil prices head north.
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Now market participants are saying that investors should expect range bound trading to continue into next week when the Fed makes its interest rate decision.
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Despite the U.S. earnings commencing in earnest this week, the recent inability of indexes to sustain their highs has led many to believe that there is impending weakness. For new highs to be set U.S. companies will have to report superb results, far outstripping expectations and things did not get off to a great start last week.
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Apple's poor figures after the bell last night mean that the U.S. futures point to a negative start for U.S. equity indices this afternoon ... Apple is trading in Europe around 3.22 euros lower, indicating a decline of $4 when U.S. markets open later,
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Anything higher here could confirm investors' fears that the Fed's interest rate tightening is far from over and is set to continue well into 2006.
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As oil prices continue to trade higher, this (deficit) decline could be short lived and the U.S. trade woes may get worse.
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This could be the make or break week for U.S. indices and determine the path of the markets into the spring months.
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This kind of mindless vandalism directly endangers the lives of those who use our rural roads and costs us all yet more taxpayers' money.
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