FastSaying
I wouldn't be surprised to see (the Dow) trend lower because markets don't trend up in a time of rising interest rates.
Grace Fey
Time
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I think it (the sell-off) was very overdone. For some of these companies, the fundamentals remain very strong.
— Grace Fey
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I'm a bit worried about the consumer; that's one area that could be pinched.
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My sense from just this brief analysis is we may avoid a rate hike in August. If you believe the economy is slowing down, we may be at the end of interest rate increases.
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I think the worry is they are going to say something negative about the third quarter.
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It seems to be more of the same.
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