There is no mechanism to be ejected from the European Union. This has never happened before, when you don't know what could happen you sell. You get on the sidelines. Brian Battle More Quotes by Brian Battle More Quotes From Brian Battle There's a lack of information to trade and the magnitude of the importance of the Fed next week can't be overstated, so you don't want to put any position on in front of something that has the potential to be such big news. Brian Battle business We're going to be on pins and needles until we get some indication from the Fed, that's what matters. Everybody is betting that the Fed is going to cut rates, probably not in June but soon. That is a very crowded trade. Brian Battle business He is making the case that a rate increase is possible, not a foregone conclusion it's a cut only. Brian Battle top-news The economy's not going off a cliff. Some of the numbers were a little soft but everything that could have gone wrong this week didn't, earnings season has been mixed but it's been a net positive. Brian Battle top-news The two things that have been market drivers have been central bank policy and trade negotiations. Two of the most important guys in those areas testified today. When they said reasonable and measured things, (stocks) recovered. Brian Battle business There's been inconsistency out of the White House as to what the (trade) policy actually is, we're all just waiting and tapping our foot to see the actual policy. Brian Battle company-news We're just treading water, there's been inconsistency out of the White House as to what the (trade) policy actually is. We're all just waiting and tapping our foot to see the actual policy. Brian Battle top-news He's not closed the door and shunned them. He wants a new deal. The door is open to try again, which is probably less harsh than what he could have said. Brian Battle top-news He's not closed the door and shunned them. He wants a new deal. The door is open to try again, which is probably less harsh than what he could have said, there's going to be speculation around any un-measurable risk and political risk is un-measurable. This afternoon will be the real effect now he's made the statement. Brian Battle top-news I think we're near the top of the roller coaster again. All of the things that made the market go wild in January are still up in the air. Brian Battle company-news If...(policymakers) came out saying that over the next two years they will raise by 'this' much, that would be very destabilizing, the market will take great relief in the Fed communicating it will be very patient for the next increase. Brian Battle company-news We're going to get today over with and hit the ground running next week. Brian Battle company-news Spinning a pot on a potter's wheel when it gets out of balance, it starts spinning a lot, this is all price discovery. We had a panic yesterday. As people get back in the market they're questioning what everything is worth. I don't think it's any one thing. What's most important is where its going to close. I think we'll have a really underwhelming close. Brian Battle company-news When you don't know what could happen, you sell. You get on the sidelines. Brian Battle company-news It doesn't matter if we're at an all-time high if there are just two guys trading a stock back and forth, it's something to be aware of. Brian Battle company-news We're kind of tapping our foot for tomorrow's non-farm payroll, the Federal Reserve made it very clear they're going to raise rates but its going to be data dependent. It's one of the benchmark numbers they're looking at. Brian Battle company-news You tend not to cut rates once, it doesn't happen in a vacuum. This could be the first in a series. The question is, how much they are going to have to do before it works. Brian Battle company-news
