While the governments read on inflation didnt come in too high or too low as far as consensus, the public feels prices are much higher, said Jay Suskind, a senior vice president at Duncan-Williams Inc.
The market here in the U.S. has rallied on a weaker dollar, but there comes a point where that weaker dollar is an albatross, said Jay Suskind, senior vice president at Duncan-Williams.
Its a two-sided market: Weve had great corporate earnings, which is fundamentally what you buy on, so its been a great four months, said Jay Suskind, senior vice president at Duncan-Williams Inc.
Coming off of Fridays employment report, were in a wait-and-see mode for a bit here as we wait for earnings or pre-earnings, said Jay Suskind, senior vice president at Duncan-Williams.
I dont think the economy is strong enough to handle gas at the pump at $4 a gallon, which is where were heading, said Jay Suskind, senior vice president at Duncan-Williams.