Tony Crescenzi Stock Quotations

I believe the current decline in stocks could have a significant influence on the economy -- and hence, bonds -- if the stock decline is sustained.

It is conceivable, for example, that the current weakness in stock prices may already reflect the weak earnings news that will be released over the next several weeks and the stock market might unwind some of its excess pessimism,

They are continuing to reinforce the point that regardless, with the stock markets down, they are going to continue to raise rates,

In light of today's $500 billion wealth loss in the stock market, it is rational to begin thinking about an endgame to the Fed's rate hike phase, ... At the very least, recent developments tell us that the Fed's actions have finally reached a critical breaking point that limits the scope for significant rate hikes going forward.

The distinction (of the phone survey) is important, ... Because it suggests that the ABC/ Money poll is more current and may have captured more of the impact of the recent stock market decline than did the Conference Board's.