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Letter "K" » Ken Tower Quotes
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«The Fed is going to have a hard time stopping their increases if the economy seems to be gaining strength. I think the Fed will have a very hard time talking down the inflation hawks if the data comes in stronger than expected.»
Author: Ken Tower
«I feel that it's very important here for the bulls to show that they can keep pushing this market forward.»
Author: Ken Tower
«The Fed is going to have a hard time stopping their (rate) increases if the economy seems to be gaining strength.»
Author: Ken Tower
«The recent stock rally was fueled by the idea that the Fed is nearly done and I am concerned that such a hope could be in trouble. If the economy is growing faster than investors are expecting, that could be a problem.»
Author: Ken Tower
«At this moment the Fed would like to stop raising rates. But if the employment cost index shows too much wage inflation, then the inflation hawks will make it hard for them to stop.»
Author: Ken Tower
«It's not too surprising that tech stocks took a beating on Friday since they have not been a leadership group of late. While tech has been languishing, basic materials, energy and industrial stocks have been reaching new highs. These may be tiring, but it seems too early to abandon them yet.»
Author: Ken Tower
«The market is reacting to disappointment in some of the earnings reports and also to the stronger-than-expected economic data that came out.»
Author: Ken Tower
«The presumption is the bond market is smarter than the stock market. I'm not saying it's always true, but there's a reason that the bond market tends to lead the stock market.»
Author: Ken Tower
«Finally, the market got a reaction after that water torture of a decline in July. People reacted, which is very good in terms of looking for a bottom.»
Author: Ken Tower
«Employment cost is below expectations, which should encourage the Federal Reserve at next week's meeting to maintain a balanced approach.»
Author: Ken Tower
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