Last quote by Tom Siomades
The market right now is at sort of at a crossroads. We hit that huge psychological barrier and busted through it when we hit (Dow) 20,000 ... but today's GDP number came in, for the most part, below expectations and brought everyone back down to earth. I don't know anyone who would think of a trade war as good thing, or tariffs. When you start going down that path, then the market all of a sudden retracts and says, Wait a minute, we have 1.9 percent GDP growth, how are higher tariffs and restriction on trade going to make that better?
Jan 27 2017
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 Tom Siomades is associated, including Fed, China, and market. Most recently, Tom Siomades has been quoted saying: “I think it's just enough to keep thing simmering along. It's not so strong it puts November on the table, but it's not so bad that it takes December off the table. It's at room temperature, for lack of a better term.” in the article Stocks close lower after US jobs report, snap 3-week winning streak. An other article where Tom Siomades has been quoted is Stocks close higher as Fed, BOJ decisions loom; health care leads.
Quotes by Tom Siomades
Oct 07 2016
I think it's just enough to keep thing simmering along. It's not so strong it puts November on the table, but it's not so bad that it takes December off the table. It's at room temperature, for lack of a better term.
Sep 20 2016
I think some of the bond movements we're seeing were in anticipation of what the Fed might say.
Sep 20 2016
Japan is in much more dire straits. A lot of easing they've tried to do has not worked.
Jun 29 2016
The VIX is literally where it was two weeks ago. (Investors) dumped everything on Friday, and when they came back, they realized things aren't as bad and it's going to take a long time to unwind this thing.
Jan 29 2016
At the end of the day, I don't think it's a long-term fix to what we have going on. I'm disappointed that we started the year like we did, how we reacted so strongly to China like we did. I'm still optimistic, but a lot of it hinges on Fed policy and a better job of negotiating and (communicating) what their policy is.
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