“The staff count for New York was about 1,000. But one has no idea with holidays, with biz trips, biz meetings during the day, who was there and who wasn't. We are still waiting to find out.”
“It has been a long hard August with significant volatility. Twenty-one of the last 30 Septembers have yielded losses on the month. It is difficult to see that this September will buck the trend.”
“The market has a very strong undertone to it and would seem reluctant to surrender too much of its recent gains. Very strong and robust turnover yesterday ventures to suggest some serious commitment to the market place.”
“For this market to really push on we need to see unemployment trends drop, so that the retail sector can be certain of making a contribution to the recovery of the U.S. economy.”
“It was amazing how much resilience was shown by the U.S. markets after the power cut debacle on Thursday. These markets seem hell-bent on holding their line and investors and analysts alike seem confident that the U.S. economy is coming back on to the bit with a vengeance.”
“The U.S. equity futures market looks in good order and maybe this could be a session where some much needed progress can be made. The key economic data of the week is posted today.”
“Though interest rates are expected to continue their rise in an orderly manner, the U.S. economy continues to look robust. So perhaps the piles of cash that are waiting in the wings will be put to good use as we head toward Thanksgiving and the New Year.”
