Anthony Crescenzi
Anthony Crescenzi
brazil early rescue talk
Rubin said that it is too early to talk about a Brazil rescue plan,
difficult fed funds further higher lower market somewhat step trade
Right now we have to take a step back and say how much further can we go with this news. Where fed funds are now, at 6.5 percent, makes it somewhat difficult for the (bond) market to trade higher or lower in yield.
businesses failed harmful higher industries money small taxed
The money channeled from failed industries to small businesses would be taxed at higher rates, and that would be harmful to the economy,
given help money seniors spent therefore
Any money given to seniors probably would get spent and therefore help the economy.
associated election hopefully issues likely losses olympics worries
Any losses associated with near-term issues will likely be reversed by November. By then, worries about event-risks associated with the conventions, the Olympics and the election will hopefully have passed.
alarming certainly favorable last trend
As alarming as this is -- and the trend is certainly not very favorable -- it's not like it was in the last recession.
bears burden proof
The burden of proof is on the bears right now.
economy last moves profits rising steadily
As long as the economy moves along, you'll get profits rising steadily ... I don't think this (selling) will last steadily.
january
You're going to get these rallies in dribs and drabs, between now and January
consistent continue expansion move optimism sign stock
This is a sign of optimism the expansion will continue and it's consistent with move up in stock prices.
buy care evidence food gas health inflation people personally products rate relate station trips
This is evidence of what many have said they've personally experienced, ... Many people can relate to the idea that the inflation rate has accelerated, when they take trips to gas station or buy food or health care -- so many products and services.
good markets panic
This is not a good way to intervene, to tell the markets ... What you want them to do is panic their way out of their positions.