25 Quotes by Jay Suskind
- Author Jay Suskind
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We built on a relief rally, ... From an economic standpoint, things picked up after the price rise in oil dropped. It showed the resilience of the economy.
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- Author Jay Suskind
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We all know it's going to be a quarter point hike. But over the past two days the bond market is also telling us that it thinks the Fed is not going to stop there. The bond market will be driving stocks today.
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(Commodities prices rising) would certainly seep through the economy, and the Fed is going to hike rates to keep that inflation under control.
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Cooler heads are prevailing today, but there's just no buyers.
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There's pent up optimism that the next couple of quarters should be OK for corporate America and the economy because the interest-rate environment has stabilized.
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There's a discount on the marketplace for the possible stuff that could happen over the next couple of weeks, months or quarters that could be a drag on the economy.
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There's not much players around. Buyers are mostly absent while there's a lot of tax-related selling going on.
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You're seeing a little bit of buying come in today, which you'd expect after a sell off. The market is looking at what happened Friday rationally, and now it's just a wait-and-see on how other bellwether companies do on their earnings.
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It's more of the same: uncertainty and energy, ... Throw in inflation and the possibility of slower growth because of the hurricane, and we're all out of sorts. There's no good news out there.
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