I see the whole business cycle slowing down.
More Quotes from Ken Tower:
What would make me more optimistic is if there was evidence that money on the sidelines is being put to work. But I'm not convinced.Ken Tower
Investors rejoiced yesterday as energy prices fell, but they ignored rising interest rates. I don't think it will be too long before the focus shifts back to rising rates and an inverted yield curve.
Ken Tower
We are at a major crossroads here. If we are unable to break out of this trading range to the upside soon, then there is a danger that we could quickly slide back down again to the lows.
Ken Tower
Employment cost is below expectations, which should encourage the Federal Reserve at next week's meeting to maintain a balanced approach.
Ken Tower
The market is reacting to disappointment in some of the earnings reports and also to the stronger-than-expected economic data that came out.
Ken Tower
The whole tech sector jumped after the IBM announcement and it may spark a rally tomorrow. But it's one piece of good news. Could the impact be erased by a subsequent piece of bad news between now and tomorrow Sure.
Ken Tower
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