David Barlow Buik MBEis a businessman and financial pundit for the BBC and other British, American and Australian television channels... (wikipedia)
NYSE is looking for acquisitions. London seems totally obvious, totally sensible and I expect them to come galloping over the hill to conclude something at around the 950p to 10 pound level in the months to come.
Sectors such as oil and mining will possibly be a little bit overpriced because they are the stocks and shares that fund managers should have in their portfolios at the moment.
For this market to really push on we need to see unemployment trends drop, so that the retail sector can be certain of making a contribution to the recovery of the U.S. economy.
It is a takeover target as well, to be candid. Someone is going to have a nibble.
It has been a long hard August with significant volatility. Twenty-one of the last 30 Septembers have yielded losses on the month. It is difficult to see that this September will buck the trend.
Michigan Sentiment may be the key to activity today. Otherwise it may be a case for waiting for some confessional news next week and the next quarter's results from Morgan Stanley, Bear Stearns and Lehman Brothers often a good barometer of economic and business activity.
We've seen an outstanding performance by the FTSE, the DAX and the CAC during the month of September, which is notoriously not a very good month.
There is little sign that the retail sector is going to pick up in the U.K. ...We got adequate figures from Sainsbury's this morning, but they were already priced in.
The staff count for New York was about 1,000. But one has no idea with holidays, with biz trips, biz meetings during the day, who was there and who wasn't. We are still waiting to find out.
Demand has been tremendous. It's going to be well oversubscribed and I doubt if there will be full allotment.
Profit takers are expected to move in to the ring, not surprisingly influenced by New York's decline during the end of the day.
This should be one of the least complicated decisions the MPC will have to make on Thursday for some time.
This IPO is very much in demand and no problems are foreseen.
This is obviously very good news but this might be treated with a certain amount of caution as Fed bankers did not know that oil would go to $72 a barrel when they made these comments.
Inflation and interest rates are all the rage.
Inflation is still a threat, and gold and silver is a great hedge against it and industrial demand from China and India is still strong.
ITV posted a good set of numbers despite lower revenues from advertising. 300 million pounds is going back to shareholders, there will be a new channel and the pension deficit has been halved.
It's definitely the end of the PC market as an expanding industry. I suspect other companies will be looking at similar mergers.
The U.S. equity futures market looks in good order and maybe this could be a session where some much needed progress can be made. The key economic data of the week is posted today.
It was amazing how much resilience was shown by the U.S. markets after the power cut debacle on Thursday. These markets seem hell-bent on holding their line and investors and analysts alike seem confident that the U.S. economy is coming back on to the bit with a vengeance.
The futures indicate a lower start with profit takers and scalpers to the fore.
The Chicago PMI data and consumer confidence numbers are important, but pale into insignificance against Friday's non-farm payrolls and the rest of the employment data.
The (European) markets on Wednesday are buoyed by some fantastically good figures from SAP, which have come on the back of things improving in New York and then that was followed through this morning by some very good (technology) performances in Tokyo.
There seem to be at least two more hikes for the Fed rate in the pipeline if punters' money is anything to go by.
Though interest rates are expected to continue their rise in an orderly manner, the U.S. economy continues to look robust. So perhaps the piles of cash that are waiting in the wings will be put to good use as we head toward Thanksgiving and the New Year.
It may be that the energy stocks follow in the wake of the slightly negative performance of oil stocks in Europe this morning.
The market has a very strong undertone to it and would seem reluctant to surrender too much of its recent gains. Very strong and robust turnover yesterday ventures to suggest some serious commitment to the market place.
The market is so overweight with this stock. Investors expected more.
The market is tired. I think we've had a terrific week -- not so much in gains, but more in being able to maintain the 6,000 threshold.