Jim Awad Quotes

There's a tug of war between earnings and interest rates. Earnings are continuing to overwhelm the worries about interest rates.

- Jim Awad

Tags

Earnings | Interest | Rates | Continuing | Overwhelm |

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It's a tug of war between earnings and interest rates. The job numbers were stronger than expected. Hourly earnings, while for the month were as expected, came in for the year at a level that might make the Fed uncomfortable. The case is here that we have a strong economy; we're creating jobs, wages are going up. That means for the time being corporate profits are in good shape. - Jim Awad

The pressure is Iran and oil, and a correction in Apple's stock, but it's resilient in the face of that. The vital signs look reasonable. - Jim Awad

You're getting a relief rally in bonds ... and that's giving you what looks like at an attempt at a rally in stocks, despite the bad news out of Microsoft with the delay of its product. The GM news is also a minor positive. - Jim Awad