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.
More Quotes from Hans Olsen:
The only good spot today was factory orders.Hans Olsen
If the number is 50,000 above or below, that's a variation where you'll see a reaction. If it's below, then people will right away start talking about what the revision will be next month.
Hans Olsen
Look for it in the earnings of discount retailers, restaurants and travel sectors. Start to look for GDP to be impacted, earnings in the third and fourth quarters, especially now because we're starting to approach the home heating season. This is not good. We haven't seen anything like this in the better part of 25 years, where you start to have people thinking about gas lines.
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
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
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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