A Look at this Week's Confusing Market with Mike Barker
April 14, 2005—Mike Barker, Investment & Retirement Management discusses the why’s behind the erratic nature of this week’s stock market touching on the market’s reaction to the release of the FOMC minutes from its meeting last month and the subsequent rally and the dive that followed. Barker also looks at the market’s reaction to the less than stellar retail sales report this week and the looming question: “Is the economy slowing more than expected?” Barker looks at the dropping price of crude, the pending earnings reports, Mohawk’s dip below $80. mortgage rates and his expectations for the upcoming Fed meeting.
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