“While the stock could remain under pressure near term, we maintain our 'buy' rating on IBM owing to a compelling second-half story.”
Andrew Neff
“Some of the risks associated with rate cuts have dissipated for sterling. We expect rates to remain on hold as the economic picture in the U.K. stabilizes.”
Steve Pearson
“Long-term mortgage rates, which dropped again for the fifth consecutive week, remain low enough to keep refinancing activity a viable option for many,”
Frank Nothaft
“While the data indicate inflationary pressures remain well contained, we continue to anticipate a Fed rate hike on Nov. 16. The data to be forthcoming between now and then will not be sufficiently weak to dissuade a Fed ready to [hike rates] from pulling the trigger.”
Marilyn Schaja
“The dollar remains firm, as the absolute U.S. interest- rate advantage still continues to exist. Rates hikes by the BOJ are a long way off.”
Yuji Saito
“The stock market is very resilient. Earnings remain fairly strong, and stocks are still inexpensive when compared with other asset classes.”
Rick Campagna
“Even with rising mortgage rates over the last four weeks, 30-year fixed-rate mortgage rates remain an historical bargain. To date, contract rates for these mortgages have been below 6 percent for 31 weeks in a row, and we don't expect these rates will rise very much above 6-1/4 percent by year end.”
Amy Crews Cutts
