Longer-term, the risks of inflation can not be overstated. The market is expecting incredible levels of The Fed stimulus for an extended period of time, if you ask me what usually keeps me up at night, it's inflation. Craig Fehr More Quotes by Craig Fehr More Quotes From Craig Fehr Volatility continues to rule the day, both to the upside and the downside. Craig Fehr company-news As we look out a little bit further, I think the backdrop is set for equity markets ... to inch higher. Craig Fehr company-news When you consider the declines we've seen in the energy space, there is some value there. Craig Fehr company-news In terms of the divergence between commodity prices and the performance of the energy stocks, it's a reflection of some rotation that we're seeing in the market. Craig Fehr company-news I do think equities can move higher, it's just going to be a more volatile ride and certainly the gains are going to be lower than we've seen in past years. Craig Fehr company-news We know that going into the weekend with the potential for some uncertainty coming from the Greek referendum vote that investors might be positioning portfolios ahead of some of that volatility that might come at the beginning of next week. Craig Fehr company-news It was solid, but I wouldn't say it was overly inspiring of confidence, so we're seeing some investors rotate back into some of those names where they might feel more comfortable with if the Fed isn't going to hike sooner rather than later. Craig Fehr company-news Markets in the last two days have been caught in the crossroads of Greece, the uncertain implications of its debt problems on the future of the euro zone, and the employment figures - better North American job growth driving further speculation around the timing of an upcoming Fed rate hike. Craig Fehr company-news Volatility has been the clear result as the markets try to digest these issues. Craig Fehr company-news The punitive effect of oil prices on the energy industry are the beneficial effects that accrue to the consumer. Craig Fehr company-news The impact will be pervasive across the economy, we could see businesses become more confident, be willing to invest in future projects, expand into new markets and have the ability to access capital at low interest rates. Craig Fehr energy We are seeing markets rally on the premise that while the situation in China particularly with Evergrande is not going away, the outcome is not perhaps going to be as severe or prompt some form of contagion that was originally feared, you combine that with the fact that the tone that the Fed struck yesterday at its meeting suggests that while a reduction in stimulus is certainly coming, the Fed is not particularly eager to start tightening policy dramatically in the near term. Craig Fehr This report serves as a reminder that while we have come a long way from the depths of pandemic recession, there is still a long road ahead. Craig Fehr If you look at the stock market and industries like housing, you might feel like the economy is back on its feet. But there is still enough slack in the job market to prevent any short-term inflation, i don't think inflation will be a predominant risk. Craig Fehr
