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.
More Quotes from Hans Olsen:
The economy had been incredibly resilient in the face of lots of potential threats. Those threats have started to take hold in slower growth and corporate earnings, and I think it could get worse yet in the fourth quarter.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 all leads to the idea that inflation isn't so bad. That supplies some push for the market.
Hans Olsen
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.
Hans Olsen
It's interesting to note the diversity of the companies that are reporting these profit shortfalls. And we're still early into this.
Hans Olsen
It's remarkable that consumer confidence remains so high and it may help bring to stocks some buying momentum. Companies in the industrial and consumer sectors are the most likely to benefit from high confidence levels at the start of 2006.
Hans Olsen
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