Jim Awad Quotes

The stock market welcomed both the CPI report and the decline in oil prices. The Fed can't justify too many rate increases with mild inflation.

- Jim Awad

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Stock | Market | Welcomed | Report | Decline |

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There's a high degree of confidence the Fed is going to conduct itself in a non-surprising fashion tomorrow. The greater uncertainty with the Fed will occur next year, so I think (investors) are going to take tomorrow in stride unless the Fed surprises us. - Jim Awad

The current earnings and the forward-looking guidance, in general, have not met expectations among a lot of companies. - Jim Awad

FedEx's report not only helped lift the transport sector, but the entire market. In the absence of major negative news, we may see another rally between now and the end of the year. - Jim Awad