Eric Wiegand

We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Eric Wiegand is associated, including energy and trade. Most recently, Eric Wiegand has been quoted saying: “Seeing a little bit of a pause from the extremes that we've been put through over the past several weeks. We're still anxious to get confirmation of growth and stability.” in the article Wall St set for lower open as oil rally halts. An other article where Eric Wiegand has been quoted is Global stocks retreat as oil weakness resurfaces.

Eric Wiegand quotes

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Seeing a little bit of a pause from the extremes that we've been put through over the past several weeks. We're still anxious to get confirmation of growth and stability.

Seeing a little bit of a pause from the extremes that we've been put through over the past several weeks. Now I think it's back to 'We're largely past earnings season, we have some political events to be mindful of and the central banks continue to be at the fore,'.

What the market is missing here is a real climactic sell-off that could bring us to capitulation. I'm not sure it happens today, but we're getting closer to it.

Oil is certainly weighing on investors' psyche. It's the absence of growth. The economic data we've seen out of the U.S. has been mixed. It really comes to where is growth likely to take hold. Our premise is markets will follow the direction of earnings to the extent that we see some earnings growth and that may come from reduced volatility in currencies.

Certainly much anticipated, much hype, the expectations that we have are that they will move away from the zero interest rate policy, that we will see our first rate increase of the cycle. We do think that the initial increase will be a quarter of a percent, that it will be the first of a series, however we are not expecting those increases to be consecutive and we expect them to be very data dependent.

There is an accumulation of factors, not the least of which is Brexit. That's certainly translating into some weakness, particularly in energy.

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