Jack Ablin

People are taking some comfort in results and a feeling that the economy is getting better, but there's still some read more

People are taking some comfort in results and a feeling that the economy is getting better, but there's still some caution. We need to see more evidence of a sustainable recovery. We need companies to start seeing profits more through top-line growth than just cost-cutting measures.

With light volume, we're going to bounce around like a ping-pong ball. I wouldn't take any moves this week as read more

With light volume, we're going to bounce around like a ping-pong ball. I wouldn't take any moves this week as a clear indication of anything.

It seems like the market is obsessing on this bond market fallout, which was somewhat precipitated by the move to read more

It seems like the market is obsessing on this bond market fallout, which was somewhat precipitated by the move to raise (interest rates) in Japan. A lot of the fuel that has been used to invest in this bond market has been derived from 'easy money' in Japan.

Right now, we have this positive confluence of earnings and economic news that has been propelling the market.

Right now, we have this positive confluence of earnings and economic news that has been propelling the market.

This deal makes sense for both companies. Bank of New York has been expanding in the custodial business and doing read more

This deal makes sense for both companies. Bank of New York has been expanding in the custodial business and doing a fine job. This shift out of distribution is an ideal fit for J.P. Morgan.