108 Quotes by Timothy Ghriskey
- Author Timothy Ghriskey
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The brokerage earnings are by far the toughest to predict, because so much depends on how their internal investment performance was.
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That part of their business was very strong in the previously reported quarter, and that's why the stock is rebounding,
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You're seeing a little relief buying after the pressure of the last three days. There was a lot of selling on the speculation about Rita, but now that it's getting closer to where it's expected to hit land, there's a backing off.
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This is a pulp and paper stock, which is very leveraged to economic improvement, ... That's certainly a stock we like a lot.
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A lot of people are calling for a correction since we've had a pretty uninterrupted run since mid-November, and that would actually be healthy for the market, ... But when you hear everyone forecasting a big correction, it often doesn't happen.
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Almost the whole group now is in play,
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They are saying the economy is going to slow and that there's no inflation but that we still need to raise rates. Investment professionals worry that the Fed will go too far and grind the economy into a recession.
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There was strong economic data this morning, which sent bond yields higher.
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There's been this dramatic rise in interest rates recently, and it's sent a shiver through the market.
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