Barry Hyman Fed Quotations

The CPI will still have an influence on the Fed meeting. You are in a bear market in technology stocks and you'll have to accept that. You're not going to get anything significant until the second half of the year.

The CPI will still have an influence on the Fed meeting, ... You are in a bear market in technology stocks and you'll have to accept that. You're not going to get anything significant until the second half of the year.

This puts 5.25% on the fed funds rate back on the table. It's not the job of anyone to interpret what a market's reaction to a comment will be. This has added volatility on a day-to-day basis, so opinions can change that quickly when they shouldn't. It's great to be flexible, but it's not healthy to investors.

The psychology is just not there for the economy to make any substantial move until we get through the Fed meeting. There's really no selling pressure, it's just tremendous volatility.

Now we're going to see more pressure on the bond market and an already stressed equity market. There's a lot of concern and we're seeing some defensive investing. This number shows that the Fed will continue raising rates. Numbers like this show that we're in store for two more hikes.

Next week's retail sales numbers and inflation numbers are going to be some key statistics to give us a little bit more input into where the Fed stands.

If we get any guidance that the Fed would be guiding toward a neutral stance, that could be a (positive) impetus, ... The economy is slowing but not recessing and the Fed will be there if necessary.

I believe the Fed will engineer this slowdown and it won't result in a hard landing,

If the Fed believes there are inflationary concerns about the strength of the economy, they will act. They will continue to do what they need to do to slow the economy down. It's going to be a transition market and there's no need to be aggressive here. Use a little caution and let prices come to you.

We think 3.5 percent is a good point for the Fed to take a break to measure the economy and the impact of its rate hikes. If the economy does appear to be picking up, they could start raising again.

I agree that this was a psychological boost because the Fed is freaked that the consumer is starting to back out, and they want to...try to make the Christmas season a little more palatable,

I think we really have to get to the next Fed meeting before anything significant happens. We have to see the emphasis on a slowing economy, and that's key to seeing that there won't be an open-ended succession of rate hikes.

I think it's too late to be worried about where your tech stock is going to go from here. There are some opportunities out there and we are aware of the short-term problems in the marketplace with the Fed being aggressive. So, we're not looking for a very vigorous rally over the next one to three months. There will be trading rallies. But the investor, the small investor, the intermediate-to-long-term investor should use the summer time, which is seasonally weak for technology stocks, to start to accumulate an easier way into some of these great companies,

I think to an extent we've taken for granted the last few Fed meetings, and next week's meeting takes on more significance, ... A quarter-point hike is pretty much expected, but I think the relative bumpiness of the recent economic news could mean the Fed will indicate that rates may not rise as aggressively last year as people had been thinking.

I think the year starts out very similar to how it's ending. Just because a stock is cheap doesn't mean it should be bought ? you have to look at the growth rate and I think the Fed lowering interest rates is going to be very important.

I think there's a concern about the economy so I think you'll see conciliatory talk (from Fed governors). We seem to rally into Fed meetings so I would expect a slightly upward bias.

I think this week's performance has been very indicative of a bottom. The market made a lot of sense this week, since the Fed really helped to ensure the positive psychology that is needed to maintain consumer and investor confidence.

We need some inference from the Fed that interest rates beyond June are in doubt,

Most of the growth stories are not performing today and that is how we'll go into the Fed meeting. There's still very little conviction in the market.

We have an aggressive Fed and an aggressive Justice Department thinking perhaps that all things technological, that have a dominant share of the market, could be considered anti-competitive.

You do have some impetus today but there's little conviction and little volume. I didn't see any specific reason behind the rally - people may be just trying to outguess the outcome (of the Fed meeting).

You do have some impetus today but there's little conviction and little volume, ... I didn't see any specific reason behind the rally - people may be just trying to outguess the outcome (of the Fed meeting).

The payroll numbers were extraordinarily supportive for the economy. But counter to that, the report brings back the Fed and inflationary prospects, and that's why you see just a modest up day.

You have to be careful. There are not many sectors that are doing well out there. This is a slowing economy. People are looking for security of earnings. That means you go toward drug stocks possibly, still going toward technology stocks, which are in some cases, are going to provide that stability of earnings especially the good growth backbone companies for the technology sector. Avoid cyclical stocks, avoid retail stocks. Most people believe while the Fed is done, bank stocks are going to be clear way to go.

Earnings are coming in better than expected, and they're helping the market preserve the rally, but the overriding concern to me is high energy prices and what the Fed is doing.

There's no (economic) stabilization yet, but it now brings the possibility of continued aggressive Fed moves. We're four cuts deep into an interest rate cycle and we're going to get a fifth. That's going to help the economy down the road -- it's not a question of 'Will it?' but it's a question of when.

I still don't think we have the Fed out of the way. The Fed seemed to worry more on inflationary than longer-term risks to the economy, which was reacted to very quickly in the market yesterday. That story still lingers today, as well as another major hurricane that's ramping up energy costs.

I still don't think we have the Fed out of the way, ... The Fed seemed to worry more on inflationary than longer-term risks to the economy, which was reacted to very quickly in the market yesterday. That story still lingers today, as well as another major hurricane that's ramping up energy costs.

Anything that shows the economy is slowing will be taken very well by the market. But the Fed is still out there and I don't think we should get used to the (idea) the Fed going to stop (raising rates) in June.

This is a market that is assuming everything is going to get better. There's been too much commentary by the chairmen of these companies that these problems are inventory but everything is based on a turn of the economy ? that's what the Fed is there for.

They (the Fed) did indicate that there could be further cuts and that was something Wall Street was starting to believe wasn't going to be the expected outcome. This is part of the recovery process. It's not going to happen immediately but this is the Fed understanding the weakness in the economy.

A lot of the gains are due to the earnings story. I think the market can deal with one or two more interest rate hikes and believe that the Fed is not going beyond neutral.

There was worry that something stronger would keep the Fed going. There is a bit of concern with a bit of wage inflation, which corroborates yesterday's poor productivity numbers.

There really isn't any dramatic news to come out post-Fed ? we're going to get into that earnings void, the next meeting for the Fed isn't until late June, so I think the story is how well the pullback in this market will be contained.

They're (investors) looking for the Fed to be absolutely aggressive and see the economy as slow as can be and to be measured in terms of understanding how important the consumer is at this point. And how important the stock market is to consumer confidence.

It's going to be another confidence building story the closer we get to the Fed meeting. I believe that the unemployment rate and the NAPM numbers will be the key numbers.

It will be interesting to see how quickly the market goes to worrying about what the Fed will do in August. We've just seen one month's statistics showing the economy is slowing.

I don't think there's anything that will deter the Fed from lowering interest rates in August. I think the story is going to be the continuing belief that there is a mixed story on Wall Street that has been brought out, in terms of technology. The visibility story is changing somewhat to the 'we see the bottom in sight' scenario.

I don't think the Fed looks at the equity market and makes decisions off the equity markets, but the equity markets are absolutely a reflection of wealth and consumer confidence, ... That is what the equity markets mean in relation to other economic scenarios and that is where (the Fed's) interest is.

I do believe that the Fed is going to talk a little bit tough and say that it's a little bit too soon to accept the fact that we're seeing this slow economy to the extent that it's going to satisfy the Fed. And I believe that is what is going to keep the market in check. And it's another situation the Fed wants to try to control. They do want to keep this market in check. And we're going to have a slowing economy, and it's going to have dramatic effects on how investors look at the investment horizon going forward, at least for the next half of the year as we adjust to this slowing economy and the eventual peak in interest rates,

All eyes will be turned to the Fed. The market will be driven in and around the Fed meeting ? it could be a sell on the story because 50 basis points (a half-percentage point) is already built into the market.

The inflation story has been the ongoing story for the markets since the Fed raised rates at the September meeting.

The markets are really going to be determined by what the Fed has to say. We'll be looking for more definitive talk from the Federal government and (Alan) Greenspan to get some indication of what the Fed is really thinking.