Jim Awad Confidence Quotations

Companies are finally putting their money into play and that is a vote of confidence in the strength of the economy and a positive for stocks.

Both consumer confidence and housing starts were stronger than expected. Treasuries are getting killed, so people are worried interest rates will go even higher than expected.

When companies like J&J conclude mega deals like this one it is a positive for equity markets, as it indicates there's confidence in the economy and there's excess corporate cash waiting to be invested.

When companies like J&J conclude mega deals like this one, it is a positive for equity markets. It indicates there's confidence in the economy and there's excess corporate cash waiting to be invested.

The non-manufacturing ISM index came in perfect, with higher orders and lower prices, and that has given the market more confidence to make the assessment that Wal-Mart's problems were either Wal-Mart -specific or retail-sector-specific and were not indicative of problems in the economy.

There's a high degree of confidence the Fed is going to conduct itself in a non-surprising fashion tomorrow. The greater uncertainty with the Fed will occur next year, so I think (investors) are going to take tomorrow in stride unless the Fed surprises us.