-
Household spending appears to be expanding, but remains constrained by ongoing job losses, sluggish income growth, lower housing wealth and tight credit
-
This transaction will decrease the liquidity and capital adequacy of the insurance operations
-
There was an enormous amount of uncertainty going into the statement, people were on edge, people were positioned in certain ways, and now that the statement is out of the way, there is some readjustment of those positions
-
The bottom line is the Fed is going to remain easy for a while. I think that’s the main thing to take out of this.
-
Businesses are still cutting back on fixed investment and staffing, though at a slower pace
-
Activity in the housing sector has increased over recent months.
-
Let’s call it a politically-inspired rally, given the Republicans did better in the New Jersey and Virginia elections than some had anticipated
-
Stocks are so undervalued and the economic fundamentals and the corporate earnings fundamentals are getting so much stronger
-
Investors are starting to put that money back into the market. That’s why we’re looking at a two-month rally here that will take us up to the 1,200 level
-
The reports have been of quality. Now we need to focus on economic data to see if companies will have top-line growth.
