Earnings are threading a little bit ahead of Wall Street expectations, we get into the teeth of technology next week. It's been more volatile so you would expect that volatility to reverse as earnings come in.

Jamie Cox

Categorized in : Business

If the Fed gives forward guidance that suggests less than what the market is thinking, then you will probably see markets sell off, so long as the Fed plays along with what markets are pricing in...I think markets will be very stable.

Financial stocks are fine today as we're getting ready to enter the earnings season for banking, the 30-year Treasury auction is steepening the (yield) curve a bit.

We continue to have stronger and stronger job growth, and it seems like there's less and less inflation, which is really odd. You typically don't see that, and basically what that signals to the market is that the Fed is on hold, the Fed is going to pay attention more to inflation more than anything else. As long as inflation is below trend, that's good.

We continue to have stronger and stronger job growth, and it seems like there's less and less inflation, which is really odd. You typically don't see that, and basically what that signals to the market is that the Fed is on hold, that could portend for better earnings in the future for companies.

It's a rather happy circumstance we find ourselves in, everyone has a job who wants one, and we don't have the negative piece of it, which is the inflation piece.