Art Hogan
Art Hogan
aggressive closing direction door fed interest keeping keeps monetary sector softness sort terms watch
The revisions are in the right direction, but there's still some softness in the manufacturing sector which keeps the Fed on watch in terms of interest rates, ... It's sort of an 'in line' number, but not really closing the door to keeping the Fed aggressive with monetary policy.
bad care cuts door further news open positive rate relatively stability yesterday
The door being open for further rate cuts is bad news. We don't need further rate cuts, we need stability in the economy, ... We do care that we oversold yesterday and there's relatively positive news on the semiconductor front.