Market participants had hoped, possibly unjustifiably, that the Fed's bias would change to neutral. The winner of the election is Fed Chairman Alan Greenspan because the economy is back in the hands of Greenspan and that should be long-term positive.
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With thirty bob a week to keep a bride He fell in love and married in his teens At thirty bob he stuck but he knows it isn't luck He knows the seas are deeper than tureens.John Davidson
Don't forget about the Gretzky factor, ... Don't underestimate him. He may take this team and give them a heck of a chance to get in. He'll bring something to the table that will make players give that extra effort that may win them a few games. He thinks way ahead of most people.
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Maybe the market is looking for a stronger economic team. O'Neill has not been embraced by the Street and someone with stronger ties might make them happier.
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Even just a month ago, prior to the release of the March payrolls number, there were some investors betting that rates wouldn't rise until early next year. Now, after two months of higher payrolls, it seems likely rates are set to rise, and so there's a certain throwing in of the towel for some investors.
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Based on Keywords: unjustifiablyI very rarely read any fiction. I love biographies; I read about all kinds of people. I love theology and some philosophy.
Al Sharpton
Houston, we've had a problem here.
James A. Lovell
I like to hide behind the characters I play. Despite the public perception, I am a very private person who has a hard time with the fame thing.
Angelina Jolie