I think I'm probably in the minority that thinks that Greenspan may raise rates on Tuesday. I think the real case is a fact that the labor market is really tight and commodity prices have really increased.
More Quotes from John Davidson:
In this environment, people seem to have gravitated toward natural resources, utilities and materials and away from technology.John Davidson
The market seems to be going along in reaction to the war and that's what gives us this volatility. At first, the response was, 'Well, at least we've finally started,' then it moved to 'it seems to be going well,' but then we encountered bumps on the road to Baghdad and you're seeing that reflected in the stock action now.
John Davidson
P.G. is fermented and held exclusively in stainless steel to maximize the brightness and freshness. It's a six-month wine from start to finish.
John Davidson
The housing numbers were certainly strong, so that should have been a positive and a few companies beat by a penny or so, but geopolitical concerns are overweighing everything else.
John Davidson
What people have to see are actions being taken. Words are part of it, and setting the tone and speaking out are part of it, ... But people need to see that the judicial branch goes after people who have done wrong and will able to punish them, and that the legislative branch makes changes in the laws, if deemed necessary.
John Davidson
I think we'll close the year in positive territory. But in the next few weeks you're going to see the market in a continued struggle back and forth with people trying to determine whether we have a full economic recovery, even with the labor market struggling.
John Davidson
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