Jim Fehrenbach Quotes

The market is under pressure due to oil prices, Iran and concern about prospects for more interest rate hikes from the Fed.

- Jim Fehrenbach

Tags

Market | Pressure | Prices | Iran | Concern |

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Traditionally, Fed governors have raised past the point where the Street thinks they should, and I don't have any reason to believe that that won't be the case this time. - Jim Fehrenbach

Obviously, we're starting to get the news from Katrina on the real situation, and the market is viewing that as not as bad. What's really driving it is when some refiners will come on line. That kind of certainty gives the market a platform to move higher. - Jim Fehrenbach

Bush is saying that he's concerned about energy and that supply is not keeping up with consumption. - Jim Fehrenbach