Al Goldman

Al Goldman
appointed continue economic market prices raise rates rounds sign
There is no economic justification to raise rates. There is no sign that prices can go up much in this competitive environment? Raise rates or not raise rates, I feel that the market will continue its appointed rounds on the up side.
economy either feeling good hurt increase interest modest raised rates
My feeling is the economy is going to slow, either on its own or by the Fed. If you think interest rates are going to be raised steadily, that's not good for anybody, but a modest increase does not hurt technology.
came close fed hikes rate saying
What they like is that the Fed came close to saying that the rate hikes are over.
fed meeting raise rates
We do not think the Fed will raise rates at their meeting at the end of this month.
federal increase interest rates report reserve sign
The report was a sign that the Federal Reserve may not need to increase interest rates as high.
appears bond concern excuse fed financial hike increased investment nervous predicting rates three
We have a very nervous investment environment. The excuse is bond rates are up and there is increased concern about the financial futures market, which appears to be predicting three more rate hike for the Fed funds.
close ending far fed hike news rate support today
The news so far today would support those who think the Fed is not close to ending its rate hike cycle.
bit certain fed further future less policy rate saying
The Fed sounded a bit less certain about the need for future rate hikes, saying further policy firming 'may' be needed.
definite economy feet good healthier laid rate showing signs slowing
The economy is showing definite signs of slowing down to a healthier rate of expansion. I think the reason, good or bad, could be laid at the feet of the Fed.
behind concern created employment falling fed funds impetus jobs labor less main market maybe points rate selling stop though tight
The main impetus behind the selling was the employment figures. Even though we created 193,000 new jobs, which was less than consensus, the unemployment rate falling to 4.7% points out that the labor market is very tight and this has conjured up concern the Fed may not stop at 4.75% on Fed funds but maybe it will go up to 5%.
basically believe degree favor fed good hates interest market next odds raise rates summer unless
The market hates surprises. But we believe the odds substantially favor that the Fed will not raise interest rates next week, and that the market will take that as some degree of relief, unless they say something nasty. But basically we think we're into a good summer rally.
bad based close levels news reasonable
I think we could see the Dow close at 11,000 and the S&P close at 1,300. We could get some bad news but based on what I know right now, I think those are reasonable levels to attain.
bullish mood
I think we are transitioning from a bearish mood to a bullish mood,
few markets next pops range tight trading
I think that markets are doing well considering everything we're going through. We're going to be in a tight trading range with a few pops upward here and there for the next few weeks, but we're going to come out of this (period) better off.