It's the combination of a market that overextended in the opposite direction because of Draghi's 'no more rate cut' comment and just some corrective natural price action into the risk of (a Fed meeting) that could be a little bit more hawkish. Richard Scalone More Quotes by Richard Scalone More Quotes From Richard Scalone If you are a hawk, you could see the CPI as being higher. But in reality, the numbers were pretty much on consensus. Richard Scalone technology The predominant theme is risk on, we came into the year concerned about Chinese growth and an aggressive (Federal Reserve), and we've gotten nothing even remotely similar to where our fears were. Richard Scalone company-news It was definitely dovish, this is another push in the direction of fewer interest rate increases. Richard Scalone company-news The week has witnessed some of the most concerning phenomenon in some time. People are skittish in holding positions. Richard Scalone company-news The market’s reaction (to the jobs report) is something between curious and concerning, people are skittish in holding positions. If you are long stocks, you think you might be saved by this jobs report. If they don't go up, you are in trouble. Richard Scalone company-news The market's reaction is something between curious and concerning, you are not getting that much of a lasting reaction in markets. The week has witnessed some of the most concerning phenomenon in some time. People are skittish in holding positions. Richard Scalone company-news People were caught leaning too short against euro. It's just some position-squaring. Richard Scalone company-news The market's focus was distracted away from Greece last week with the U.K. elections and with the (U.S.) payroll data. The second that was out of the way, (investors) jumped on it. Richard Scalone company-news
