Regardless of the outcome in the UK, we will see a relief rally in the U.S. today and tomorrow, i think we'll continue to go up tomorrow even if a. Mohannad Aama More Quotes by Mohannad Aama More Quotes From Mohannad Aama The retail sales that we are seeing today is backward. I would put less weight on backward-looking data and I would put more weight on management's discussion of guidance in the future, and that doesn't look good, investors are starting to build a mosaic of information suggesting that the consumer is not doing as well as you would expect. Mohannad Aama company-news It seems like the shadow of higher rates and weakening economy doesn't help stocks and that's what we are seeing, i think we are seeing a continuation of what's been going on since last week, which is the effect of the Federal Reserve's meeting, what we've seen with the job's report on Friday and what's going on with the earnings season. Combining them it is a not-so-clear picture. Mohannad Aama company-news Everybody's waiting for what the Fed meeting will come up with, it's not unusual to have a couple quiet days before that. Mohannad Aama company-news The wage number might be the silver lining, if you will, against a more hawkish Fed over the next few months because the Fed has been really focused on inflation. Mohannad Aama company-news We had a nice rebound in stocks last week after a terrible January, and we're nearing the end of that bounce, the general trend is down. Mohannad Aama company-news Although we’ve being seeing good job numbers, the general feeling is that the U.S. economy is nearing a peak and there is not much left as far as trends to be talked about. Mohannad Aama business The news out of Japan has given some help to the market, but there's really no particular news that should make us go higher other than, obviously, the GDP data coming in very weak. Mohannad Aama company-news Fears of a global recession are valid and fears about China are valid, and they will put some downward pressure on stocks in general, so I do expect 2016 to be negative, but not by much. Mohannad Aama company-news I see 2016 being a year of flat to declining U.S. stocks because there are no catalysts to raise prices, there will not be any major catalysts to warrant a recession and by extension deep declines, but we don't see any catalysts for the upside either. Mohannad Aama company-news September was the best time to raise rates and now it looks like it was the only time they could raise rates. Mohannad Aama company-news Volatility is here to stay for the rest of the fourth quarter because even if Federal Reserve doesn't raise rates next week, Federal Reserve is signaling that there is weakness in the economy. Mohannad Aama most-read-articles Volatility is here to stay for the rest of the fourth quarter because even if the Fed doesn't raise rates next week, it is signaling that there is weakness in the economy. Mohannad Aama company-news The fact we were down in August at a magnitude that is bigger than we have seen in many years rang some alarm bells, the continued uncertainty about China is definitely adding to worries. Mohannad Aama company-news Earnings estimates are probably higher than they should be and do not take into account the effect that a global slowdown led by China would have on the U.S.. Mohannad Aama company-news It's general risk aversion manifesting itself after a really bad August, the continued uncertainty about China is definitely adding to worries. Mohannad Aama company-news With the headline news earlier this week, it looked like December was more likely for a rate increase but any resolution to the Greece crisis will mean that September is back on the table. Mohannad Aama company-news The markets are higher today because the combined pressure of Greece and China seem to have been elevated a little, greece isn't a done deal but the probability of a 'Grexit' is reducing. Mohannad Aama company-news I think the brunt of the risk-off trade will be borne by European exchanges, we will likely have a selloff in our markets, but I think we will be in much better shape than many markets in Europe. Mohannad Aama company-news Boy, am I glad we did. Mohannad Aama company-news There is a sense that this is as good as it's going to get this summer. Mohannad Aama company-news
