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58 points now on the very early going this Tuesday morning 15579.
-- -- -- ultra into the opening bell.
How strong is the economy hello -- how weak -- is it.
We get a reading tomorrow morning it may move the markets then there is the big jobs report coming out on Friday he's -- FitzGerald and -- Keith did you cats.
Are you gonna invest your clients money based on the economic reading tomorrow -- the jobs number on Friday.
Well have it through two part question in my invest clients' money yeah you bet I am because good or bad or ugly we've got to be in this market that's -- -- -- that's what the world looks for -- that's what investors need to we're not going to be making major decisions.
I'm expecting on the conservative scale growth unfortunately to be sub 1% story so -- now -- a headline.
So about 1%.
It was one point 8% -- the first three months of 2013.
And -- saying bats April through June.
Less than 1% that's bats well near recession.
Yeah admittedly that's on the very concerned end of the spectrum but in looking at austerity and looking at different tax base and looking at dropped export.
Now that having been said the DEA's gonna rewrite economic history come Wednesday so they're -- revise all these numbers upward and that's gonna change.
Basis I think that we're gonna see a more conservative number.
Than many people are expecting column concluded wrong but that's what I'm here on a second the number that I get tomorrow morning at 8:30 eastern time bout will be.
The real numb by that will be solved 1% of you say that they have on this gonna come out tomorrow morning -- thought yeah.
Well again I'm looking on the very conservative end of the spectrum because I don't like surprises I don't wanna be caught flat footed this -- all about -- and I don't wanna make the mistake of being overly aggressive here if I get more than that you know what that's gravy I'll take it just like icing on the birthday cake.
But I'm not gonna plan on it well if it's as weak as you think it's going to be.
That implies to me that the stock market will go all.
On the grounds that -- eight.
Ben Bernanke will keep on printing and a very very weak economy and Janet Yellen will take his place at the Federer is and she's gonna print like crazy when she gets into the into the job what -- site.
Now -- she can't tell it she's issuing -- -- to get back on course.
Think about it did yell has never met a printing -- she doesn't like she's gonna pray.
You know here's the thing.
I this is why I'm planning conservatively Bernanke can't take its foot off the gas yelling won't take her foot off the gas if -- in fact is the issue and we think she is.
That means generally speaking the market is gonna -- higher.
That's what we're geared for so the number is relevant but just marginally so really it's important what the Fed is doing yes it is it is all right Keith thanks very much indeed will be watching tonight that that's an interesting headline.
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