Paul Nolte Quotes
The upgrades are certainly helping Intel and Exxon, and that's boosting the Dow.
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Upgrades | Helping | Intel | Exxon | Boosting |
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The economic numbers are driving the bus. As long as the numbers remain kind of weak, if it doesn't look like we're getting much of a turnaround, then markets can continue to slide.
- Paul Nolte
Already the futures markets are pricing in another rate hike and talk about a 5.0-plus fed funds rate is making the rounds. The currently inverted yield curve may also be a signal to the Fed that the economic growth of the past couple of years may be waning and any added tightening may be like kicking a good man while he is down.
- Paul Nolte
