Given the jawboning we have had from the Fed about concern of inflation, I think the market is just playing it precautionary before the Fed meeting,
More Quotes from Ann Hurley:
The market's deteriorated far worse than I expected, ... Everything is reacting much more violently than you would have thought -- which probably means there's more trouble to come.Ann Hurley
The increase in oil prices is going to be problematic to the consumer as well as higher home heating costs, which are going to come this winter,
Ann Hurley
The Treasury market will initially trade off oil and gasoline prices on Monday,
Ann Hurley
With the Fed expected to go another 25 basis points on Wednesday and still-tame inflation reports, we are just seeing more of the same flattening trend,
Ann Hurley
He has definitely left the door open for further easing. 'Mixed' isn't good enough for the Fed. so I think the odds are significantly greater now than they were just a half-hour ago that the Fed could potentially ease at the January meeting,
Ann Hurley
Oil is definitely a factor, ... People are concerned about its impact not just on growth here, but on global growth.
Ann Hurley
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Based on Keywords: jawboning, precautionaryAnd, of course, supernatural elements just make a story more interesting.
John Foster
Sometimes I'll be playing along and find I'm missing the strings. I'll worry about it for days until I notice that the pick has worn down to half its size.
Terry Kath
What is right to be done cannot be done too soon.
Jane Austen