It's really the Fed at this point that's kept the market in check. The historic conversation between the Fed and the markets has become a bit of an argument over whether there's really inflation, and whether we need those rate hikes.
More Quotes from Hans Olsen:
If you can use basic common sense, you're OK. But, when you're a college kid, dying to play in the NFL, and now you have scouts from the Giants, the Seahawks, the Cowboys all waiting on you, and you're trying to figure out how many 25-cent eggs Sally needs to sell to make 15, you're afraid you're going to look stupid.Hans Olsen
A good number will confirm the upward bias for interest rates and higher rates are a headwind for equity prices.
Hans Olsen
The only good spot today was factory orders.
Hans Olsen
Right now, it's like an absence of bad news is being treated as good news. I see it as just a lot of noise right now. There's still a lot out there to deal with.
Hans Olsen
Some investors worry that if the inversion persists, it may signal a tough time ahead for the economy. But it's still too soon to know it for sure.
Hans Olsen
It's obvious that the hurricanes will drag this number down, and because of that, separating the trend from the noise is going to be hard. When it's hard to assign a meaning to this number, the market will likely just overlook it.
Hans Olsen
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Based on Topics: Arguments QuotesTo maintain one's individuality, integrity, and true personality in the theatre is a big task.
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Wit thou well that I will not live long after thy days.
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The only greatness for man is immortality.
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