Last quote by Kate Warne
Kate Warne quotes
Certainly in the oil industry with prices down, you're not seeing that. But in other industries where there is growth, its very slow. And management is looking for a way to grow earnings. I'd concur that it says this is a time to be buying stocks but it also says they're struggling to get the earnings growth that's needed in order to support higher stock prices in the future.
For the past few days, we've seen some intraday volatility, especially in international markets. Given what happened with the pound overnight, I think investors are consolidating some positions.
We're back in the world of volatility, which I don't think is a surprise since we've had fears over the Fed and falling commodity prices.
When Fischer spoke and suggested September was more live than what investors had taken from Yellen comments, that did of course lead to a little bit of concern that the move would be sooner than what investors were overall anticipating.
The ride up there is going to be bumpy, not smooth and that may trigger alarms. The Dow reaching 20,000 will depend on several factors, including earnings and monetary policy. I think the Dow is headed higher; we're still in a bull market. Whether it [hits 20,000] between now and the end of the year, I don't know.
With an election where both candidates are likely to talk about how badly the economy is doing and how disappointing growth has been, investors as a whole are more anxious than the job picture would suggest.
You've seen better earnings, especially from companies that do a lot of business internationally. It is part of what's powered the market higher in July.
It was a strong report and it put to bed worries that we were seeing the job market sputter.
I don't think investors are nearly as excited as they would typically be in an environment where stocks are close to record highs.
I'd say the main focus is how strong the U.S. economy is, especially with [Friday's] drop in durable goods. Investors are looking for clues about the significance of the vote and what it means for economic growth and earnings growth. Whatever helps them figure out the implications will be the focus next week. Thursday night's surprise Brexit would continue to have "a lingering effect.
The durable goods report was clearly disappointing. I don't think anybody was surprised.
I think it's adding to the volatility, especially with the results of the meeting more dovish than expected, countered by commentary more similar to what we expect.
It is the resilience of the U.S, that is the key, not that it has to pick up the pace with China slowing down. It's not a super environment, but an OK environment.
(The report) is one more sign the domestic economy continues to chug along. Maybe today investors will focus on the fact the world has more going on than China.
The 0.3 percent wage growth does say the pressures from the job growth we've seen are beginning to show up in wages and becoming more consistent from month to month. If we are looking for reasons why the Fed is potentially still going in June, it is that wages really are starting to pick up.