Gene Inger
Gene Inger Articles
Neutrality surrendered . . . to more robust upside, very much as desired in the sort of down-up pattern contemplated going into midweek; though certainly stories of one large and persistent buyer, working through Goldman Sachs, helped...
The complex maize . . . of political, military and terrorist-planted landmines has not dissuaded the pattern from evolving as we suspected it would; based less on 'events' that have unfolded (or will), and more on monetary and market...
Anxiety returns to a fever-pitch . . . despite some fairly evident warnings about not chasing the upside (over the last couple days), after we got the dramatic turnaround from last Friday, which in the absence of weekend action or...
In this war climate, our views are subject to change not only daily or intraday, but even momentarily as events may require. Sensitivity to movement, and understanding of the economic trauma unfolding, has us primarily going for base-hits...
Terrorism's tentacles . . . continue to jangle our nerves, ranging from diffuse scares (that were totally bogus) at Macy's and New York's LaGuardia as in Washington, both where the Capitol was evacuated, and there was a bomb scare at least...
Out of the woods . . . is not the question here; though we were delighted to see the first rebound fail, and then a series of flailing moves in a multi-hour sort of elongated symmetrical pattern, which surely was not easy to have certainty...
Nobody wants to pull a trigger . . . decisively in either direction, as nearly everyone feels an ongoing underlying sense of desperation, that's still gripping equity market sentiment, if not price behavior as it falls, or all sectors of...
Talk about 'climbing a wall of worry'. . . after the Fed failed to chip-away at several pertinent concerns in any way (effectively stating the truth we all know about the U.S. economic condition, and flavoring overseas sentiment a little...
An EKG of a tomato . . . would be more exciting than recent stock market action. Of course that presumes that one considers all tomato's to be heartless, or that more-or-less 'flat-lining' isn't leading to something much more exciting; not...
An unrelenting grim report . . . from the Beige (or 'Tan') Book, spooked markets in a dramatic way Wednesday; though little of that should have been surprising to any. The report, prepared by the San Francisco Fed, amplified what we...