336 Quotes by Barry Hyman
- Author Barry Hyman
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I think people are looking forward to the end of rate hikes and if there's no dramatic change in the wording of the statement tomorrow, that could hurt the market.
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- Author Barry Hyman
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The market gets extremely concerned on (long-term) interest rates when they get above 6 percent.
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I think people are just abandoning technology, especially when you can't count on a 'Nokia' that hasn't missed (expectations) in years. The point is that there's nothing wrong with these companies - what's wrong is that analysts were not looking at the second half of the year. What's happening now is estimates are going to come down to match the reality of the economic situation.
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The market did improve with the housing data. Market trends day to day are really influenced by how the bonds have been trading. When the rates have gone up, equities have suffering, when rates have gone down, the market has been optimistic.
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It doesn't really determine that this year is going to be a down year. What it really indicates is the confusion over whether we're in a growth economy or not.
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These last few days have been consolidation, off of a good employment report and almost six weeks of gains.
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I think individuals should still be willing to buy weakness out there, ... I don't think we're entering another bear market right now.
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This is more of a short-term perspective and I don't see any commitment by institutions. But a diversified portfolio is doing well here.
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I think this week's performance has been very indicative of a bottom. The market made a lot of sense this week, since the Fed really helped to ensure the positive psychology that is needed to maintain consumer and investor confidence.
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