Michael Wursthorn

speaker

1,567 appearances 29 recordings 1 series first heard Jul 2017 last heard Nov 2021

Michael Wursthorn’s voice in public audio — every appearance, attributed to the second.

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Appearances

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WSJ Your Money Briefing · Stocks Suffer Their Worst Week of the Year · 8 Mar 2019 podcast

The consumer price index, that'll be just as important as well. voice-verified

New home sales, which has been a closely watched metric, especially throughout all of 2018, as people were sort of watching sort of that all fall off. voice-verified

And then you'll see some initial consumer sentiment numbers, which will be, again, another important gauge. voice-verified

So there's all these small snippets, but there's going to be nothing major. voice-verified

So investors are really just expecting to see some volatility churn up. voice-verified

And that was probably maybe one of the biggest takeaways people really had from all this economic data is that, you know, if you don't have trade, you've got the Fed to worry about. voice-verified

And at least this might give the Fed sort of the data validation they need to continue to pause those rate increases. voice-verified

And if that's going to happen, that's at least one less hurdle for stocks to get over in the near term. voice-verified

WSJ Your Money Briefing · Why Would Wall Street Reward Earnings Season Losers? · 30 Jan 2019 podcast

Coming into 2019, investors were preparing for the worst. voice-verified

So in a lot of ways, people were saying it wouldn't really take much to maybe get the market going again. voice-verified

And obviously what we're seeing now is that you have obviously a number of companies that are reporting pretty strong earnings. voice-verified

They're getting a boost. voice-verified

But then you have companies like Ford voice-verified

Fastenal, which is a tool distributor, and some others that are reporting more mixed earnings or actually weaker earnings in revenue. voice-verified

And you're seeing shares rise from that. voice-verified

And in a lot of ways, it's sort of a reversal from some of the punishing losses these companies suffered in December. voice-verified

That's sort of the market's way, I guess, of discerning sort of what's really going on here. voice-verified

Are we seeing sort of a slowdown that's just sort of in the economy or temporarily, or is this something that's bigger, maybe involving China? voice-verified

And we're sort of going through that. voice-verified

We saw Caterpillar. voice-verified

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