The market is still very concerned about interest rates and is going to be extremely sensitive to any information that points to interest rates going higher.
Stephen Massocca
There's a lot of issues and questions in front of the market, but I don't think there's going to be an easy resolution to any of them, or a quick resolution. I think a lot of people are frozen until they get a better idea of what it all means.
idea people resolution questions market issues easy
Today we've got interest rates moving significantly lower and that's prompting a rally in equities. The productivity data was the main impetus.
productivity data today moving interest
There was a lot of hope that we would see a break in oil.
break oil hope
The primary focus of the markets right now is when and if the Fed will stop raising interest rates, to the point that equities are rallying right now with crude oil almost at 5 a barrel.
focus stop interest oil
Long-term interest rates are moving higher, which is eventually going to hamper the market. Although you've got oil down today, there were hopes that it would be sustained in the 50s, and that hasn't happened.
today moving hopes market interest oil
It's a continuation of the rally we've had from earlier in the week, which was prompted by the release of the Fed notes. Today's lower-than-expected employment numbers have continued the rally.
numbers employment
It looks like the tech rally has had a little hiccup. It will take markets lower tomorrow across the world.
world tomorrow
The continued decline in crude -- that's probably the major reason why the market is rallying. It's a very easy way to look at how the market's viewing international tensions right now.
reason market easy
information market interest sensitive
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