John Canavan Quotes

The economic data were mixed, but then we got some pre-weekend short-covering and maybe some minor month-end buying.

- John Canavan

Tags

Economic | Data | Mixed | Weekend | Short |

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Eliminate patronage and wasteful spending. Don't ask taxpayers to dig deeper into their pockets when some county employees, some venders and some suppliers have Joel in their back pocket. - John Canavan

The flattening move of the curve has been accelerating. There was some substantial buying of the new 30-year bond and now we're seeing a reversal of that as recent interest has waned. This has caused a quick reversal of the inversion. - John Canavan

The sell-off has been sharp but not extreme. It did push the bond above 5 percent and that is going to be the psychological story taken away from all of this. - John Canavan