Paul Nolte Quotes
But whether the market is going to have the staying power beyond today, I think we will be able to determine that toward the close.
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Market | Staying | Power | Today | Determine |
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Investors are starting to realize that earnings aren't terrific. For every good earnings report, there are three or four to the downside. It also seems that the bigger names are the ones disappointing.
- 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
