Jay Suskind Quotes

The catalyst [for the afternoon weakness] was the reversal in crude prices.

- Jay Suskind

Tags

Catalyst | Afternoon | Weakness | Reversal | Crude |

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It certainly has been an up week overall. The market is stepping back and looking at the fact that inflation is in check, we are near the end of the rates-tightening cycle and the economy is growing. - Jay Suskind

But there is no panic in the air because Friday's decline was explained. Earnings that came in were a little disappointing, we had a huge run-up in January so profit taking was expected, everyone knows what's going on geopolitically and it was a Friday with options expirations. - Jay Suskind

Those were three lousy numbers from an economic perspective. There is the intimation of a slowdown led by the housing market and if the consumer rolls over, then we have a problem. - Jay Suskind