“The dollar will continue to run lower, but it's not the end of the world. A weak dollar benefits about a third of the companies in the S&P 500 and oil prices are moving in the right direction.”
“Anything but a quarter percentage point move will get a reaction. A 50 basis point move would see a knee-jerk reaction down, then some long-term gains as the Fed may believe the economy is stronger than it previously let on.”
“The Iraqi elections is all anyone is talking about, certainly all eyes are on that, ... I think if we get past that with a minimum of violence and there is a clear winner, that could help the market on Monday.”
