Clearly the market's focus is on the technology side of things ... the Nasdaq is down somewhat and, really, the major U.S. indices have been treading water,
More Quotes from Subodh Kumar:
I guess what people are worried about is that the U.S. economy is growing fast enough that inflation is going to become a problem.Subodh Kumar
Stocks suffered today as concerns about inflation, higher oil prices, earnings and a new hurricane mounted. The outlook is a bit uncertain, and uncertainty is never good for stocks.
Subodh Kumar
Until we get clear signs of a corporate recovery, the market is going to remain is this tight trading range.
Subodh Kumar
The mood in the stock markets is constructive and today's report, showing that inflation remains benign, is helping to take away some fears of further aggressive rate rises.
Subodh Kumar
I think the whole small cap area will do well and that's another sign of the broadening out of leadership.
Subodh Kumar
What they're looking at is the rate increases by the Fed, and probably the other central banks, should result in somewhat slower inflation pressures and slower consumer growth in the U.S., which markets would like to see.
Subodh Kumar
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Based on Topics: Computers & Technology Quotes, Water QuotesI made a written report which is still today in existence. I have a photocopy of it, and I am saying that in production this aircraft could perhaps substitute for three propeller- driven aircraft of the best existing type. This was my impression.
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