Last quote by Brian Jacobsen
Brian Jacobsen quotes
I went positive on the on the banks before election. I'm glad that we did, mainly because it has been a nice ride. The prospect of those steeper yield curves, decent credit spreads, stronger economic growth should all be positive for banks.
The Fed is teasing investors by inserting language to suggest they need just a little bit more evidence of progress towards its objectives.
These collusive agreements rarely amount to much over the long-term but in the near term here, I think we do have oil moving back into a more sustainable region.
I think we really do need to see the data strengthen in order to support a further move higher.
We would need to see a few months of good data ... to support a hike.
A lot of businesses in the U.K., in order to stay part of the EU, will expand operating subsidiaries or even redomicile to Ireland. Having Dublin become more of a financial center could be part of the longer-term trajectory here.
Ireland could be a beneficiary of the chaos that's being caused by this Brexit vote. The city's "somewhat similar heritage and language" are appealing.
It would actually be a little more prudent to look at investment-grade U.S. debt. We could actually see yields rebound from here, unless of course something else comes out of the blue.
It's as dovish as the Fed can get without actually cutting rates. Even (Kansas City Fed President) Esther George withdrew her dissent. The path of rates is lower, which is a big dovish swing.
Discretionary could send a signal to the market with good second-quarter guidance. Strong numbers would mean the economy will avoid recession, and could send (the S&P 500) to new highs.
If the Fed puts too much emphasis on global developments, that could really harm sentiment.
Right now, you could track the direction of stocks when you see where oil is trading.