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Timothy Ghriskey Quotes
Expectations were so high for Intel that they couldn't help but disappoint.
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Timothy Ghriskey
Everyone knows growth slowed in the third quarter, and so for a company like GM to miss is not surprising, considering that it's so reflective of the economy and impacted by oil prices.
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Timothy Ghriskey
Everyone is expecting a 25-basis point rise. The mantra has been measured and we expect it to continue to be measured.
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Timothy Ghriskey
Even if GDP is strong tomorrow, even better than the 6.0 consensus, you may not see a big stock reaction... As you saw yesterday, we're in a period where the economy should continue to support the stock gains going forward.
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Timothy Ghriskey
CPI is certainly the big economic report of next week. The Fed's beige book and some of the manufacturing numbers will be looked at as well.
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Timothy Ghriskey
But the language in the Fed comments and in Greenspan's speeches of late has been pointing to rate hikes becoming more aggressive... The word 'measured' is going to be dropped soon, maybe at this meeting, maybe at the next.
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Timothy Ghriskey
Almost the whole group now is in play.
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Timothy Ghriskey
A lot of people are calling for a correction since we've had a pretty uninterrupted run since mid-November, and that would actually be healthy for the market... But when you hear everyone forecasting a big correction, it often doesn't happen.
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Timothy Ghriskey
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