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I am more 'cautious' in the market, says Short Hills Capital's Steve Weiss

Video vocabulary

expect

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US / ɪk'spekt /

UK / ɪkˈspɛkt /

A1
  • verb
  • To believe something is probably going to happen

video

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US / 'vɪdɪəʊ /

UK / ˈvɪdiˌo /

A2
  • adjecitve
  • Of a moving film, with sound
  • noun
  • Recording capturing action with sound
  • verb
  • To make a moving film of, with sound

want

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US / wɔnt /

UK / wɑnt, wɔnt /

A1
  • noun
  • Something you desire or wish for
  • State or condition of poverty
  • verb
  • To desire or wish for something; hope for a thing

yet

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US / jet /

UK / jɛt /

A1
  • adverb
  • At a later time (used after ‘not’)
  • (Used to emphasize that thing is, will be greater)
  • Eventually; at a future time
  • Until now; up to the present
  • conjunction
  • Adding to what has been said, often as a contrast

but

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US / bət /

UK / bʌt,bət /

A1
  • conjunction
  • Used before you say something different, opposite

good

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US / ɡʊd /

UK / ɡʊd /

A1
  • adjecitve
  • Proper, appropriate or right
  • (Of an amount) enough; plenty
  • Excellent; high quality
  • Acting well or properly; of moral character
  • In a positive or happy emotional state
  • noun
  • Advantage or benefit

stubborn

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US / 'stʌbən /

UK / ˈstʌbən /

B2
  • adjecitve
  • Unwilling to give way or obey

can

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US / kæn /

UK / kən,kæn /

A1
  • noun
  • A metal container for storing food
  • other
  • Able to; have the skill to; have the time to
  • verb
  • To have permission to
  • To be possible to do
  • To preserve food by sealing it in a metal container

whether

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US / ˈweðə(r) /

UK / ˈhwɛðɚ, ˈwɛð- /

A1
  • conjunction
  • If something will happen or not

decision

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US / dɪ'sɪʒn /

UK / dɪˈsɪʒən /

A1
  • noun
  • Choice made after thinking; final judgment
  • Ability to make quick and confident choices

halfway

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US / ˌhɑ:fˈweɪ /

UK / ˌhæfˈweɪ /

B2
  • adverb
  • A middle point between two extremes

really

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US / ˈri:əli /

UK / ˈriəˌli, ˈrili /

A1
  • adverb
  • Used to stress something that is said; definitely
  • In a true or accurate manner
  • Very

stock

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US / stɒk /

UK / stɑk /

B2
  • adjecitve
  • (E.g. of a response) standard; usual; not original
  • noun
  • Animals such as cattle kept for breeding
  • Tasty liquid added to stews, soups etc.
  • Merchandise; goods kept by a business for sale
  • Piece of a business, bought in the form of shares
  • verb
  • To keep some of, as items for sale

volatility

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US / ˌvɒlə'tɪlətɪ /

UK / ˌvɒlə'tɪlətɪ /

B2
  • noun
  • Changing from a solid or liquid to a gas
  • Quality of changing suddenly or extremely

now

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US / naʊ /

UK / naʊ /

A1
  • adverb
  • At the present time or moment
  • Right away or in the next possible moment
  • Used to refer to something that just happened
  • Time between the present and a moment in the past
  • conjunction
  • Resulting from or because of something

september

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US / sepˈtembə(r) /

UK / sɛpˈtɛmbɚ /

A1
  • noun
  • 9th month of the year

shifty

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US / 'ʃɪftɪ /

UK / 'ʃɪftɪ /

C2
  • adjecitve
  • Wanting to avoid answering questions; evasive

slow

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US / sləʊ /

UK / sloʊ /

A1
  • adjecitve
  • Lacking activity, busyness or excitement
  • (Clock) showing time earlier than the actual time
  • Having difficulty understanding simple things
  • Moving or happening without speed; not fast
  • verb
  • To move, with less speed than before
  • To move or go without much speed

loan

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US / ləʊn /

UK / lon /

A2
  • noun
  • Act of allowing someone to borrow something
  • verb
  • To give money, etc. that must be paid back

maybe

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US / ˈmeɪbi /

UK / ˈmebi /

A1
  • adverb
  • Possibly but not certainly; perhaps

not

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US / nɒt /

UK / nɑt /

A1
  • adverb
  • Word indicating the negative
  • (Used to form the negative of verbs)

semi

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US / ˈsemi /

UK / ˈsɛmaɪ, ˈsɛmi /

B1
  • noun
  • House that shares a wall with another house
  • prefix
  • A prefix meaning 'half'

quite

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US / kwaɪt /

UK / kwaɪt /

A1
  • adverb
  • Not very; fairly
  • Very; In a complete or total manner

wednesday

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US / ˈwenzdeɪ /

UK / ˈwenzdeɪ /

A1
  • noun
  • Third day of the week; the day after Tuesday

article

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US / 'ɑ:tɪkl /

UK / ˈɑrtɪkəl /

A2
  • noun
  • Word such as 'a', 'an', or 'the' used before nouns
  • Piece of writing about a particular subject
  • Piece of something, e.g. clothing
  • Section of a business contract or law

chip

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US / tʃɪp /

UK / tʃɪp /

B1
  • noun
  • Small piece that has broken off (e.g. from cup)
  • Piece of computer hardware that does calculations
  • Thin piece of fried potato or other food
  • Act of hitting a ball high but not very far
  • verb
  • To break a small piece off something such as a cup
  • To break into small pieces, often with a tool
  • To hit or kick a ball high but not very far

fitch

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US / fɪtʃ /

UK / fɪtʃ /

A1
  • noun
  • Dark brown mustelid of woodlands of Eurasia that gives off an unpleasant odor when threatened

take

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US / teɪk /

UK / tek /

A1
  • noun
  • Filming of a single scene for TV or the movies
  • verb
  • To accept something that is offered
  • To use a method of traveling, e.g. a bus or train
  • To use a camera to make (a photo)
  • To pick up something and go away with it
  • To study a subject in school
  • To attempt to pass (an exam)
  • To require a certain amount of time, money, space

all

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US / ɔ:l /

UK / ɔl /

A1
  • adverb
  • Completely; totally
  • determiner
  • Being every one of something
  • pronoun
  • 100% of something; the complete amount

everyone

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US / ˈevriwʌn /

UK / ˈɛvriˌwʌn /

A1
  • pronoun
  • Every person; everybody

quadruple

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US / kwɒ'dru:pl /

UK / kwɑˈdrupəl, -ˈdrʌpəl, ˈkwɑdrʊpəl /

C1
  • verb
  • To make or become four times bigger in number

who

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US / hu: /

UK / hu /

A1
  • pronoun
  • Which person
  • Used to introduce information about people

worker

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US / ˈwɜ:kə(r) /

UK / ˈwɜ:rkə(r) /

A1
  • noun
  • Person who works

change

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US / tʃeɪndʒ /

UK / tʃendʒ /

A1
  • noun
  • Exchange of one set of clothes for another
  • Money in the form of coins instead of paper
  • Money returned after giving too much
  • Act of making or becoming something else
  • verb
  • To exchange one set of clothes for another
  • To exchange one kind of money for another
  • To replace something with another thing
  • To make or become something else
  • To go from one train, bus, etc. and go to another

hold

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US / həʊld /

UK / hold /

A1
  • noun
  • Section of a ship or plane used for storing things
  • Influence or power held over someone
  • Place of support for hands or feet when climbing
  • verb
  • To agree to keep something for someone
  • To have the capacity to support/contain something
  • To control an area and protect it from attack
  • To not allow someone to leave a place
  • To cause an event to happen at a place or time
  • To use hands or arms to carry or keep something
  • To have a specific quality or property
  • To keep an image, belief or feeling in your mind
  • To have or own something
  • To wait before being able to talk on the phone
  • To limit the movement of someone in a sport

show

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US / ʃəʊ /

UK / ʃo /

A1
  • noun
  • False display of love, emotion or action
  • An event for displaying or promoting goods
  • Play, opera or theater production
  • Presentation that is broadcast on TV or radio
  • verb
  • To be easily seen or displayed
  • To display your emotions or feelings
  • To let someone see something; display
  • To explain or teach how something is done
  • To lead someone somewhere; point them to something
  • To prove something to be true, correct
  • To reveal or allow something to be seen

triple

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US / ˈtrɪpl /

UK / ˈtrɪpəl /

B2
  • noun
  • Group or set of three

believe

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US / bɪ'li:v /

UK / bɪˈliv /

A1
  • verb
  • To think or accept that something is true
  • To have a particular opinion about something

bit

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US / bɪt /

UK / bɪt /

A1
  • noun
  • Device put in a horse's mouth to control it
  • Small piece of something
  • verb
  • (E.g. of fish) to take bait and be caught

look

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US / lʊk /

UK / lʊk /

A1
  • noun
  • Person's beauty or physical attractiveness
  • Particular style of dress, clothes, or appearance
  • The way someone, something appears to be
  • Act of searching for or examining something
  • verb
  • To appear to be; seem

shutdown

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US / ˈʃʌtdaʊn /

UK / ˈʃʌtˌdaʊn /

C2
  • noun
  • Termination of operations

tap

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US / tæp /

UK / tæp /

A2
  • noun
  • Faucet; the place you can get water from a pipe
  • Light hit, generally one that makes a sound
  • verb
  • To access a liquid (e.g. in a tree) through a hole
  • To move feet/fingers to make light regular sounds
  • To spy one someone electronically
  • To hit something or someone lightly
  • To remove from an object e.g. oil from the ground

bet

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US / bet /

UK / bet /

A2
  • noun
  • Act of gambling money on the result of a race etc.
  • verb
  • To gamble money to win more money, e.g. on horses

heart

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US / hɑ:t /

UK / hɑrt /

A1
  • noun
  • A feeling of care for others; compassion
  • Courage, confidence, and emotional strength
  • Be cheerfully encouraging
  • Most essential, important, or central part
  • Referring to a promise or something important
  • State or feelings of affection or deep love
  • Core part of a vegetable, e.g. a lettuce
  • The part of the body that pumps blood
  • Place where emotions are believed to be felt
  • A shape that represents love

move

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US / mu:v /

UK / muv /

A1
  • noun
  • Act of moving a playing piece in chess, etc.
  • An action; doing something
  • Step taken to achieve a goal
  • verb
  • To cause someone to have certain emotions
  • To cause something to change to a different place
  • To change where people live or a business operates
  • To take action to do or achieve something

their

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US / ðɛː /

UK / ðer /

A1
  • determiner
  • Belonging to them

way

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US / weɪ /

UK / we /

A1
  • adverb
  • Used to emphasize the amount of something
  • noun
  • Particular aspect of something being thought about
  • One of various choices that could be made
  • Particular existing condition or state
  • (Often long) distance or length of time
  • How something is done
  • Route to go to a place
  • Small street
  • Usual behavior, emotions or habits of someone

dollar

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US / ˈdɒlə(r) /

UK / ˈdɑ:lə(r) /

A1
  • noun
  • A basic unit of money equal to 100 cent

embed

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US / ɪm'bed /

UK / ɛmˈbɛd /

B2
  • verb
  • To place or set inside rock, etc.

largely

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US / ˈlɑ:dʒli /

UK / ˈlɑ:rdʒli /

A2
  • adverb
  • In large part; mainly or chiefly

risk

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US / rɪsk /

UK / rɪsk /

A1
  • noun
  • Actions that cause potential problems
  • verb
  • To do something potentially dangerous or foolish

they

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US / ðeɪ /

UK / ðe /

A1
  • pronoun
  • Two or more people, animals, or things

very

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US / 'verɪ /

UK / ˈvɛri /

A1
  • adjecitve
  • Concerning a large degree or amount
  • adverb
  • A lot; much; many
  • Used to stress or emphasize a noun

build

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US / bɪld /

UK / bɪld /

A1
  • noun
  • Your physical shape; physique
  • verb
  • To establish e.g. a reputation, over time
  • To construct a house, office, factory

fourth

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US / fɔ:θ /

UK / fɔ:rθ /

A1
  • noun
  • 4th

washington

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US / 'wɒʃɪŋtən /

UK / 'wɑ:ʃɪŋtənˌ 'wɔ:ʃɪŋ- /

A1
  • other
  • A state in northwestern United States on the Pacific

bill

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US / bɪl /

UK / bɪl /

A2
  • noun
  • Plan for a new law being discussed by a government
  • Sign or poster advertising something
  • Paper money; a bank note
  • Piece of paper showing what you have to pay
  • Hard, often pointed part of a bird's mouth
  • Person's name
  • verb
  • To request payment by handing over an invoice

hit

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US / hɪt /

UK / hɪt /

A1
  • noun
  • A planned killing, usually for money
  • Song, movie etc. that is successful
  • When someone strikes someone or something
  • Time when a player makes contact with the ball
  • Time when a website is accessed
  • verb
  • To have a negative impact on a person/place/thing
  • To press something, such as a button or switch
  • To suddenly realize the importance of something
  • To move your hand, a bat, etc. against with force
  • To fight, attack or damage something or someone
  • To arrive at a specific place, level, or goal
  • To make contact with the ball in a game or sport

interesting

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US / ˈɪntrəstɪŋ /

UK / ˈɪntrɪstɪŋ, -tərɪstɪŋ, -təˌrɛstɪŋ /

A1
  • adjecitve
  • Taking your attention; making you want to know
  • verb
  • To make someone want to know about something
  • To persuade to do, become involved with something

seasonal

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US / ˈsi:zənl /

UK / ˈsizənəl /

A2
  • adjecitve
  • Of or occurring at a particular time of year

stay

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US / steɪ /

UK / ste /

A1
  • noun
  • Legal order to stop or delay an action
  • Strong rope or wire that supports a ship's mast
  • Period of time spent living in or visiting a place
  • verb
  • To keep trying without giving up
  • To remain in the same place and not move away
  • To spend time visiting a place or someone's home

tell

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US / tel /

UK / tɛl /

A1
  • verb
  • To (strongly) advise a person to do something
  • To be able to guess
  • To say or communicate information to someone
  • To inform, but without speaking; indicate
  • To have a negative effect on someone
  • To order someone to do something; command
  • To recognize something based on certain signs
  • To report something to an authority
  • To explain something or teach someone something

example

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US / ɪgˈzɑ:mpl /

UK / ɪɡˈzæmpəl /

A1
  • noun
  • Thing, person which represents a category

happen

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US / 'hæpən /

UK / ˈhæpən /

A1
  • verb
  • To take place or occur

hire

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US / ˈhaɪə(r) /

UK / haɪr /

A2
  • noun
  • Short term rental of something e.g. car, phone
  • verb
  • To give a job to someone in exchange for pay
  • To give the use of something in exchange for money

yeah

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US / jeə /

UK / ˈjɛə, ˈjæə, jɛ- /

A1
  • exclamation
  • Another way of saying 'yes'

action

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US / 'ækʃn /

UK / ˈækʃən /

A2
  • noun
  • Something that a person or thing does
  • verb
  • To act to do something

get

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US / ɡet /

UK / ɡɛt /

A1
  • verb
  • To become affected by illness or disease
  • To begin to feel or understand an emotion or idea
  • To send or bring someone or something home, etc.
  • To go somewhere to obtain something
  • To (cause to) do a particular thing
  • To obtain, receive or be given something
  • To currently have
  • To prepare for use
  • To understand something being said or read

second

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US / 'sekənd /

UK / ˈsɛkənd /

A1
  • adjecitve
  • 2nd; the one following first
  • noun
  • Unit of time; one sixtieth of a minute
  • Short period of time that you wait for someone
  • (Do) soon
  • verb
  • To agree to support a proposal at a meeting

equipment

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US / ɪˈkwɪpmənt /

UK / ɪˈkwɪpmənt /

A2
  • noun
  • Tools or materials used to perform a task

right

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US / raɪt /

UK / raɪt /

A1
  • adjecitve
  • Correct or true
  • The south side of you looking at the rising sun
  • adverb
  • Exactly in a place or time
  • Being appropriate for a particular event
  • In a straight or direct manner
  • noun
  • Something you are legally or morally allowed to do
  • Ideal of what is just and good
  • Political view based on conservatism
  • verb
  • To fix something previously wrong or unjust
  • To make upright, as a boat that has turned over

absolutely

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US / ˈæbsəlu:tli /

UK / ˈæbsəˌlutli, ˌæbsəˈlutli /

A2
  • adverb
  • Completely; totally; very

apple

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US / ˈæpl /

UK / ˈæpəl /

A1
  • noun
  • Hard round red or green fruit with a white center

enough

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US / ɪˈnʌf /

UK / ɪˈnʌf /

A1
  • adjecitve
  • Sufficient to answer the need
  • adverb
  • To a satisfactory degree
  • pronoun
  • Equal to what is needed; as much as required
  • Adequate number or amount

mean

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US / mi:n /

UK / min /

A1
  • adjecitve
  • Being good at
  • Nasty; unkind
  • Not liking to spend money; cheap; stingy
  • noun
  • Average of a set of numbers
  • verb
  • To express a particular idea or thought
  • To intend to do something in particular
  • To have a particular meaning or value

own

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US / əʊn /

UK / on /

A1
  • adjecitve
  • Belong to oneself
  • determiner
  • Yours, his, hers, etc.; not belonging to another
  • pronoun
  • (Something) belong to myself
  • verb
  • To have something as your property

about

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US / ə'baʊt /

UK / əˈbaʊt /

A1
  • adverb
  • To be ready to; going to
  • Nearly; approximately; roughly
  • Near; next to; close to
  • In every direction; in the area of
  • preposition
  • Concerning or of (a topic)

even

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US / 'i:vn /

UK / ˈivən /

A1
  • adjecitve
  • Being equal in influence, power, possibility etc.
  • Being divided equally or fairly
  • (Of teams/contest) with similar chances of success
  • Smooth, level, or regular
  • Can be divided by 2; ending in 2, 4, 6, 8, or 0
  • At a regular, equally steady manner
  • Remaining steady and unchanging
  • adverb
  • (When this is surprising) as well; too
  • (Used to compare two things/stress the difference)
  • verb
  • To make something level; to flatten
  • To make something equal

impact

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US / 'ɪmpækt /

UK / ˈɪmˌpækt /

A2
  • noun
  • A striking effect or result to hit with force
  • Very strong influence
  • Act or force of one thing hitting something else
  • verb
  • To hit or strike someone or something with force

like

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US / laɪk /

UK / laɪk /

A1
  • adjecitve
  • Being equal in status or kind to something else
  • Similar; the same
  • adverb
  • For example
  • preposition
  • Used as a filler; used to ad emphasis
  • In a way similar to the way something is done
  • Such as; for example
  • verb
  • To want to
  • To find something pleasing; to prefer something

reaction

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US / rɪ'ækʃn /

UK / riˈækʃən /

A2
  • noun
  • Bodily response to a drug or something eaten
  • Feeling or action in response to something

that

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US / ðæt /

UK / ðæt, ðət /

A1
  • adjecitve
  • The person or thing being talked about
  • Used to identify something both the speakers know
  • adverb
  • Used to reinforce adjectives and adverbs
  • To such a degree
  • conjunction
  • Used to connect a noun clause
  • Used to introduce an adverbial clause
  • Used to introduce a noun clause
  • determiner
  • Used as a noun to refer to something
  • pronoun
  • Referring an object far away
  • Used to refer to the relative pronoun ‘which’

what

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US / wɒt /

UK / hwɑt, hwʌt, wɔt, wʌt,hwət, wət /

A1
  • pronoun
  • Thing or things that; the same kind as
  • Used to emphasize something you are about to say
  • adjecitve
  • Used to refer to a particular amount, or number
  • Used to place emphasis on a particular quality
  • adverb
  • To a certain degree
  • determiner
  • Question words used for asking for information
  • exclamation
  • Used to express excitement, shock, or surprise
  • Used to ask people to repeat something they said

week

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US / wi:k /

UK / wik /

A1
  • noun
  • Period of seven days from Sunday to Saturday

witness

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US / 'wɪtnəs /

UK / ˈwɪtnɪs /

B1
  • noun
  • Person who was present to see an event take place
  • Evidence or proof of something
  • verb
  • To see the signing of an official document
  • To see an event take place (usually a crime)
  • To serve as an example or evidence of something

down

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US / daʊn /

UK / daʊn /

A1
  • adjecitve
  • Being sad, sick, or unhappy
  • Not operating, working, or functioning as expected
  • adverb
  • In a sitting or lying position
  • Towards or on the ground, floor, or bottom
  • Written or copied onto a piece of paper or book
  • noun
  • A period of play in American Football
  • The soft, smooth hairs that cover a bird's body
  • preposition
  • Along something's path, course, or direction
  • Going from a higher position to a lower position
  • verb
  • To eat or drink very quickly and without stopping

friday

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US / ˈfraɪdeɪ /

UK / ˈfraɪdeɪ /

A1
  • noun
  • Fifth day of the week; the day after Thursday

include

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US / ɪnˈklu:d /

UK / ɪnˈklud /

A1
  • verb
  • To make someone, something part of a group

student

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US / ˈstju:dnt /

UK / ˈstudnt, ˈstjud- /

A1
  • noun
  • Person studying at school

price

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US / praɪs /

UK / praɪs /

A1
  • noun
  • Person's name
  • Cost of something in money
  • verb
  • To determine or set the cost of something

surprised

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US / səˈpraɪzd /

UK / sərˈpraɪzd /

A1
  • adjecitve
  • Feeling a shock when something unexpected happens
  • verb
  • To do something that another person didn't expect

dicey

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US / 'daɪsɪ /

UK / ˈdaɪsi /

B2
  • adjecitve
  • Risky

outside

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US / ˌaʊtˈsaɪd /

UK / aʊtˈsaɪd, ˈaʊtˌsaɪd /

A2
  • adverb
  • Beyond the limits or edges of some place, thing
  • noun
  • Area around or near something, such as a building
  • preposition
  • Beyond the limits or edges of some place, thing

suggest

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US / səˈdʒest /

UK / səɡˈdʒɛst, səˈdʒɛst /

A1
  • verb
  • To mention something that could be done; propose

treat

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US / tri:t /

UK / trit /

A1
  • noun
  • Something you buy for others as a surprise present
  • something that tastes good and that is not eaten often
  • verb
  • To pay for the food or enjoyment of someone else
  • To use medical methods to try to cure an illness
  • To act in a certain way toward someone

wage

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US / weɪdʒ /

UK / wedʒ /

A2
  • noun
  • Money paid to a worker for the hours they worked
  • verb
  • To start (war, etc.) to achieve a particular goal

little

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US / 'lɪtl /

UK / ˈlɪtl /

A1
  • adjecitve
  • Being short in length of time
  • Not great in size, amount, or degree; small
  • Being very young or younger than others
  • adverb
  • By an amount or degree that is not very much
  • Not often; rarely
  • noun
  • A person's name

rate

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US / reɪt /

UK / ret /

A1
  • noun
  • Current price or cost of something
  • Speed or frequency of events over time
  • verb
  • To assess something or consider its qualities

the

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US / ðə /

UK / ðə /

A1
  • article
  • Used to refer to something already mentioned
  • Used to show there is only one of something
  • determiner
  • Used to describe all of a family

firework

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US / ˈfaɪəwɜ:k /

UK / ˈfaɪərwɜ:rk /

B2
  • noun
  • Exploding object making bright lights/loud bangs

into

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US / 'ɪntə /

UK / ˈɪntu /

A1
  • preposition
  • Moving or going inside something
  • In the same direction as; in the direction of
  • So as to become; taking the state of

iphone

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US / 'aɪfon /

UK / 'aɪfon /

A1
  • noun
  • Smartphone manufactured by Apple Computers

forward

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US / 'fɔ:wəd /

UK / ˈfɔrwəd /

A1
  • adjecitve
  • Toward what is ahead; in front
  • Acting in a socially aggressive manner; pushy
  • adverb
  • Toward the front in place; in front
  • Toward a future time; to a more advanced state
  • verb
  • To send something to another address or person

one

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US / wʌn /

UK / wʌn /

A1
  • pronoun
  • You; we; people in general; someone
  • The thing or person previously referred to
  • adjecitve
  • Used to refer to people generally
  • Being a strong example of (something mentioned)
  • number
  • Number 1

than

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US / ðən /

UK / ðən /

A1
  • conjunction
  • Used to compare two things that are not equal

bad

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US / bæd /

UK / bæd /

A1
  • adjecitve
  • Not good; wrong
  • Lacking in good morals; evil
  • No longer fresh; spoiled

term

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US / tɜ:m /

UK / tɚm /

A1
  • noun
  • Conditions applying to an agreement, contract
  • Length of time something is expected to happen
  • Fixed period of weeks for learning at school
  • The (precise) name given to something
  • verb
  • To call; give a name to

witch

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US / wɪtʃ /

UK / wɪtʃ /

B2
  • noun
  • Woman believed to have magical powers
  • Mean and ugly old woman

also

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US / 'ɔ:lsəʊ /

UK / ˈɔlso /

A1
  • adverb
  • In addition; too; in a similar way

how

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US / haʊ /

UK / haʊ /

A1
  • adjecitve
  • To what degree? in what amount?
  • adverb
  • (Used to explain the way to do something)
  • exclamation
  • For what purpose or reason?
  • (Used to ask someone or something's condition)

payment

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US / ˈpeɪmənt /

UK / ˈpemənt /

A2
  • noun
  • Amount of money that is paid for something

reverse

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US / rɪ'vɜ:s /

UK / rɪˈvɚs /

B1
  • noun
  • Setting that makes the vehicle go backward
  • (Drive a vehicle) backward gear of a vehicle
  • Instance of a significant change, for the worse
  • In a backwards order
  • Back part or side of something
  • verb
  • To drive a vehicle backward
  • To change to an opposite state, way or condition
  • To change back to a previous or normal condition
  • To change something to its opposite

technical

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US / ˈteknɪkl /

UK / ˈtɛknɪkəl /

A2
  • adjecitve
  • Complex; difficult to understand
  • Of practical use of machine/science in industry

year

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US / jə: /

UK / jɪr /

A1
  • noun
  • Unit of time equal to 12 months or 365 or 366 days
  • Used to refer to the age of a person

you

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US / jʊ /

UK / ju /

A1
  • pronoun
  • Person someone is speaking or writing to
  • Person or people in general

although

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US / ɔ:lˈðəu /

UK / ɔlˈðo /

A1
  • conjunction
  • Despite the fact that; however

this

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US / ðɪs /

UK / ðɪs /

A1
  • adjecitve
  • Used to indicate something already been discussed
  • Used to indicate something happening around now
  • adverb
  • An indication by a physical motion or gesture
  • A specific amount of
  • determiner
  • Person, thing, or idea near you
  • pronoun
  • Person, thing that has already been discussed

cross

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US / krɒs /

UK / krɔs, krɑs /

A2
  • adjecitve
  • Angry and upset
  • From one side of something to the other
  • noun
  • (Of animals) mixture of breeds in one animal
  • Person's name
  • verb
  • To put one thing over another e.g. arms
  • To breed one type of animal or plant with another
  • To not to agree with someone; oppose
  • To go from one side of something to the other
  • To meet at one point

picture

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US / 'pɪktʃə(r) /

UK / ˈpɪktʃɚ /

A1
  • noun
  • General situation or state of being
  • Mental image of what something is or looks like
  • Movie; film
  • Painting, drawing or photograph on paper or screen
  • verb
  • To understand or imagine something
  • To imagine someone or something in an image

where

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US / hwɛə /

UK / hwɛr, wɛr /

A1
  • conjunction
  • At or in the place which
  • In whatever place
  • pronoun
  • Word you use to ask the location of something

only

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US / ˈəunli /

UK / ˈonli /

A1
  • adverb
  • Just one; just that amount or thing; not more than
  • Not very important or serious
  • Just that type of thing, person
  • Short time ago; not before a certain time
  • conjunction
  • Except; but

two

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US / tu: /

UK / tu /

A1
  • number
  • 2

company

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US / 'kʌmpənɪ /

UK / ˈkʌmpəni /

A1
  • noun
  • Good feeling from being with someone else
  • A business that sells things or provides services
  • Guests, especially in your home
  • Being with another person rather than alone

come

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US / kʌm /

UK / kʌm /

A1
  • verb
  • To arrive at a place
  • (Of mail) to be delivered
  • To move toward someone; go with someone
  • To reach a certain point or state

observe

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US / əbˈzɜ:v /

UK / əbˈzɜ:rv /

A2
  • verb
  • To celebrate a particular holiday/religious event
  • To obey or follow laws, rules, or customs
  • To watch carefully; to make a comment

secretary

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US / 'sekrətrɪ /

UK / ˈsɛkrɪˌtɛri /

A1
  • noun
  • Office worker who makes appointments, etc.
  • Official in charge of a governmental department

think

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US / θɪŋk /

UK / θɪŋk /

A1
  • verb
  • To have an idea about something without certainty
  • To have an idea, opinion or belief about something

avert

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US / əˈvɜ:t /

UK / əˈvɜ:rt /

B2
  • verb
  • To prevent something negative from happening
  • To turn (your eyes, gaze) away from something

bar

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US / bɑ:(r) /

UK / bɑ:r /

A2
  • noun
  • Piece of (soap, chocolate etc.)
  • Professional organization of lawyers and judges
  • String of musical notes
  • Place to meet friends and buy alcoholic drinks
  • Long solid round piece of metal shaped like a pipe
  • verb
  • To prevent entry, exit or an action

early

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US / ˈɜ:li /

UK / ˈɜ:rli /

A1
  • adjecitve
  • Happening or appearing before
  • adverb
  • Coming/happening before others in a time sequence
  • Happening sooner than expected

hang

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US / hæŋ /

UK / hæŋ /

A2
  • verb
  • To attach a picture, photograph etc. onto a wall
  • To float, move softly, or remain in the air
  • To kill by putting a rope around neck and dropping
  • To remain undecided, unsolved or unclear

couple

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US / 'kʌpl /

UK / ˈkʌpəl /

A2
  • noun
  • Two people in a romantic relationship
  • Two of something; two people; a pair
  • verb
  • To join something to something else
  • (Two animals) to engage in sexual relations
  • To put two people or things together

finally

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US / ˈfaɪnəli /

UK / ˈfaɪnəli /

A1
  • adverb
  • used especially at the beginning of a sentence to introduce the last point or idea
  • After a long time or some difficulty

paint

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US / peɪnt /

UK / pent /

A1
  • noun
  • Colored liquid you apply with a brush
  • verb
  • To make a picture with colored liquids
  • To describe as
  • To apply a color, oil or sealant with a brush

and

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US / ənd /

UK / ənd, ən,ænd /

A1
  • conjunction
  • Used to refer to two or more things
  • Plus; in addition; on top of that
  • Used to introduce an action that follows another

certainly

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US / ˈsə:tnli /

UK / ˈsɚtnli /

A1
  • adverb
  • Sure; of course

lot

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US / lɒt /

UK / lɑt /

A1
  • noun
  • What happens to a person in life from chance; fate
  • A group of people seen together
  • Item for sale at an auction
  • Small area of land used for a purpose e.g. parking

significantly

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US / sɪgˈnɪfɪkəntli /

UK / sɪɡˈnɪfəkəntlɪ /

A2
  • adverb
  • In a way that is important or noticeable
  • In a way that is meaningful

from

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US / frəm /

UK / frʌm, frɑm,frəm /

A1
  • preposition
  • Starting at a particular place, time or level

out

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US / aʊt /

UK / aʊt /

A1
  • adverb
  • No longer stylish (e.g. fashion)
  • Away from home, business, or the usual place
  • In a direction/movement away from inside or center
  • noun
  • Act when a batter cannot continue playing
  • verb
  • To tell people a secret

over

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US / 'əʊvə(r) /

UK / ˈovɚ /

A1
  • adverb
  • Finished; no longer happening
  • Towards the ground/away from a standing position
  • noun
  • A set of six consecutive balls bowled in cricket
  • other
  • Finished
  • preposition
  • Showing the relation when a thing is above another
  • On or covering something
  • Above or across something
  • More than you need
  • From one side to the other
  • In the direction of; toward

another

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US / əˈnʌðə(r) /

UK / əˈnʌðɚ /

A1
  • adjecitve
  • One more, but not this
  • determiner
  • One more added
  • pronoun
  • One more (thing)

appropriation

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US / əˌprəʊpriˈeɪʃn /

UK / əˌproʊpriˈeɪʃn /

B2
  • noun
  • Setting aside of money for a specific purpose

hey

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US / heɪ /

UK / he /

A1
  • exclamation
  • What you say when you want someone's attention

hurt

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US / hɜ:t /

UK / hɚt /

A1
  • noun
  • Mental, emotional, or physical pain
  • verb
  • To cause pain, damage or injury

issue

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US / 'ɪʃu: /

UK / ˈɪʃu /

A2
  • noun
  • Important topic discussed, debated or argued over
  • Single edition of a magazine
  • verb
  • To make something available to be used or sold
  • To deliver a statement, etc. in an official manner

negativity

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US / ˌnegəˈtɪvəti /

UK / ˌneɡəˈtɪvəti /

B1
  • noun
  • Tendency to deny or resist suggestions or commands

tighten

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US / ˈtaɪtn /

UK / ˈtaɪtn: /

A2
  • verb
  • To make a rule, law or system tougher
  • To stretch, pull until movement becomes difficult
  • To turn lid, bolt etc., until it is firmly in place
  • To make face, body stiff due to anger or anxiety

negative

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US / 'neɡətɪv /

UK / ˈnɛɡətɪv /

A2
  • adjecitve
  • Being harmful, unwanted or unhelpful
  • In mathematics, being less than zero
  • Focusing on the bad aspects; pessimistic
  • noun
  • The opposite to a positive electrical charge
  • In grammar, containing words such as 'no' or 'not'
  • Reply to a question or statement that means 'no'
  • Image on camera film used to make a photo

see

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US / si: /

UK / si /

A1
  • verb
  • To go on a date with someone
  • To predict whether something is, or will be true
  • To understand what someone says
  • To use your eyes to look at something
  • To visit a place often for sightseeing or pleasure
  • To visit or meet with someone
  • To find out by waiting or looking
  • To watch (a game, movie or TV show)

feed

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US / fi:d /

UK / fid /

A2
  • noun
  • Food given to animals
  • verb
  • To give food, e.g. to animals or a baby
  • To push something through an opening
  • To provide necessary supplies to

hear

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US / hɪə(r) /

UK / hɪr /

A1
  • verb
  • To be aware of sound; to perceive with the ear
  • To be told or find out information or facts
  • To consider or listen to a court case

history

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US / 'hɪstrɪ /

UK / ˈhɪstəri /

A2
  • noun
  • Established pattern or record
  • Study of past events as an academic subject

boost

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US / bu:st /

UK / bust /

B1
  • noun
  • An increase in something
  • verb
  • To increase something; to make something better
  • To push someone or something up from beneath them

could

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US / kəd /

UK / kʊd /

A1
  • other
  • Past form of 'can' to mean have ability
  • Used to ask for something politely, or to offer

headline

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US / ˈhedlaɪn /

UK / ˈhedlaɪn /

B2
  • noun
  • Title summarizing a news story
  • verb
  • To be the main performer at a show

know

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US / nəʊ /

UK / noʊ /

A1
  • verb
  • To be familiar with a person or place, thing
  • To feel sure or be convinced about something
  • To discover or be aware of something
  • To be able to distinguish
  • To have knowledge of things

ninety

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US / 'naɪntɪ /

UK / ˈnaɪnti /

A1
  • number
  • 90

weakness

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US / ˈwi:knəs /

UK / ˈwiknɪs /

A2
  • noun
  • Fault or bad quality preventing success
  • Liking for something that you are a bit ashamed of

away

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US / ə'weɪ /

UK / əˈwe /

A1
  • adjecitve
  • Not present
  • adverb
  • Disappear completely
  • Doing something with a lot of energy
  • Not here; far from here; in a different direction
  • To a different area, location

month

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US / mʌnθ /

UK / mʌnθ /

A1
  • noun
  • One of 12 28-31 day periods in the year

downgrade

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US / ˌdaʊnˈgreɪd /

UK / ˈdaʊnˌɡred /

C2
  • verb
  • To rate lower; to lower in value or esteem

datum

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US / ˈdeɪtəm /

UK / ˈdetəm, ˈdætəm, ˈdɑtəm /

B1
  • noun
  • Item of factual information

his

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US / hɪz /

UK / hɪz /

A1
  • pronoun
  • Something belonging to a male person

percent

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US / pə'sent /

UK / pɚˈsɛnt /

A2
  • adverb
  • One one-hundredth of a whole; the symbol %

spending

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US / ˈspendɪŋ /

UK / ˈspɛndɪŋ /

A2
  • verb
  • To use money to pay for something
  • To use time in order to do something
  • To use up something completely

tech

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US / tek /

UK / tɛk /

A2
  • noun
  • Shortened form of 'technology' or 'technician'

with

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US / wɪð /

UK / wɪð, wɪθ /

A1
  • preposition
  • As an employee of a certain company
  • Against something or someone
  • By using something as a means
  • Due to; because of
  • Including
  • Possessing as a feature
  • Related to
  • (Of the manner/attitude by which you do something)
  • Used to express that people or things are together

upon

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US / əˈpɔn, əpən /

UK / əˈpɑn, əˈpɔn /

A1
  • preposition
  • More formal term for 'on'

economic

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US / ˌi:kəˈnɒmɪk /

UK / ˌɛkəˈnɑmɪk, ˌikə- /

A2
  • adjecitve
  • Concerning trade, industry, and money

next

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US / nekst /

UK / nɛkst /

A1
  • adverb
  • The one that follows another in time or order
  • At a time or place directly after the present one
  • noun
  • The one that follows after
  • adjecitve
  • Immediately after the previous one
  • First occurrence after the present one

resumption

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US / rɪˈzʌmpʃn /

UK / rɪˈzʌmpʃən /

B2
  • noun
  • Beginning an activity, normal life, etc. again

information

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US / ˌɪnfəˈmeɪʃn /

UK / ˌɪnfɚˈmeʃən /

A1
  • noun
  • Collection of facts and details about something

have

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US / həv /

UK / hæv /

A1
  • verb
  • To drink, smoke, eat or use something
  • To experience the effects of something
  • To organize an event, or join in an activity
  • To own, possess, or hold something
  • To cause to happen or produce a particular effect

last

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US / lɑ:st /

UK / læst /

A1
  • adjecitve
  • Most recent; the latest
  • The one before
  • adverb
  • Final; with nothing following; after all others
  • Most recent; the latest
  • determiner
  • The one at the end
  • verb
  • To remain or continue for a certain period of time

without

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US / wɪˈðaʊt /

UK / wɪðˈaʊt, wɪθ- /

A1
  • preposition
  • Not with; not having

uptake

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US / ˈʌpteɪk /

UK / ˈʌpˌtek /

C1
  • noun
  • Process of being taken in by a living organism

after

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US / 'ɑ:ftə(r) /

UK / ˈæftɚ /

A1
  • adverb
  • Later than another time, or behind something
  • conjunction
  • Following something before
  • preposition
  • When an event happened or time has passed

many

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US / 'menɪ /

UK / ˈmɛni /

A1
  • determiner
  • Used to refer a large number of things

sand

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US / sænd /

UK / sænd /

A2
  • noun
  • Area composed of tiny pieces of rock near an ocean
  • Small pieces of rock that make beaches and deserts
  • verb
  • To cover a surface with grit e.g. roads
  • To smoothen a surface with sandpaper

will

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US / wɪl /

UK / wɪl /

A1
  • noun
  • Desire or choice of someone
  • Document saying who gets your money when you die
  • Strong desire to do something; determination
  • Desire to do something; strong wish to do
  • other
  • Used with verbs to express the future
  • verb
  • To leave property to someone after your death
  • To use mental effort to make something happen
  • Am (is, are) likely to do
  • To influence someone to do something
  • To make something happen by strongly wanting it

four

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US / fɔ:(r) /

UK / fɔr, for /

A1
  • number
  • 4

obviously

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US / ˈɒbviəsli /

UK / ˈɑːbviəsli /

A2
  • adverb
  • In a way that is obvious/easy to see or understand

probably

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US / ˈprɒbəbli /

UK / ˈprɑbəbli /

A1
  • adverb
  • That is likely to happen or be true

scott

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US / skɔt /

UK / skɑt /

A1
  • other
  • Award-winning United States film actor

trade

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US / treɪd /

UK / treid /

A2
  • noun
  • A specific industry, e.g. shoe making
  • Action of buying and selling things in business
  • The buying and selling of goods and services
  • Exchanging something for something else
  • Job often requiring physical skills, e.g. plumbing
  • verb
  • To buy, sell and exchange goods in business
  • To give something in return for something else

feel

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US / fi:l /

UK / fil /

A1
  • verb
  • To be aware of or experience an emotion, sensation
  • To sense through direct contact; touch

inflation

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US / ɪn'fleɪʃn /

UK / ɪnˈfleʃən /

B1
  • noun
  • Act of filling something with air or gas
  • Continual rise in the prices of products

market

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US / ˈmɑ:kɪt /

UK / ˈmɑ:rkɪt /

A1
  • noun
  • Need or demand for a particular product or service
  • Area or region where a certain product is sold
  • Public event where people sell goods on tables
  • Institution where stocks are bought and sold
  • verb
  • To publicize products to get you to buy; advertise

delay

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US / dɪˈleɪ /

UK / dɪˈle /

A2
  • noun
  • Action of being late or happening later
  • verb
  • To wait some amount of time before doing something
  • To do something later than is planned or expected
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expiration

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US / ˌekspəˈreɪʃn /

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B2
  • noun
  • Coming to an end of a period, validity

pleasantly

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  • adverb
  • In a cheerful manner

setup

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  • noun
  • Way something is organized or arranged

story

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  • noun
  • One of many floors or levels in a building
  • Account or description of how something happened

actually

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  • adverb
  • Used to add new (often different) information

comfort

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  • noun
  • Acts or words that reduce pain or sadness
  • State of being relaxed, warm or happy
  • verb
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chase

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  • noun
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  • other
  • To try very hard to get something that you want
  • verb
  • To go after with the intention of catching

speak

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  • verb
  • To be able to use a certain language
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develop

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  • verb
  • To explain something in steps and in detail
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  • To make a photograph from film

day

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UK / de /

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  • noun
  • A period of 24 hours beginning at midnight
  • The period of time when it is light outside
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point

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  • noun
  • An item to be discussed
  • Small spot or dot
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strike

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  • noun
  • A punch or hit
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third

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  • adjecitve
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should

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sort

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valuation

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  • Price of something, determined by expert
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earning

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  • To get money for work

here

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  • adverb
  • In this place; at this location, position or time

performance

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  • noun
  • Act of doing something
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position

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  • noun
  • Person's opinion or attitude about something
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  • verb
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difficult

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  • Hard; not easy; you need to work hard to do it

foundation

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  • Base or important starting point
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  • Institution supported by a private fund
  • First cosmetic used when putting on makeup
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green

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  • adjecitve
  • Color of young leaves
  • Covered with vegetation, e.g. grass
  • Concerned about protecting the environment
  • The color of young leaves
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  • Being not fully grown or ripe, as in fruit
  • noun
  • Large grassy area
  • used as a part of a name of a place (UK)

meaningful

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  • adjecitve
  • Having importance; showing someone's intention

question

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  • noun
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  • verb
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yellen

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dependent

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  • adjecitve
  • Someone who relies on (financial) support

control

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  • noun
  • A device designed to operate a machine
  • Participant in experiment that is left untouched
  • Act to dominate or command; make manageable
  • A law limiting the growth or spread of something
  • A place which overseas or manages e.g. a factory
  • verb
  • To direct or influence the behavior of something

myself

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  • pronoun
  • The same person who did the action mentioned
  • My regular, usual, or healthy self

begin

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  • verb
  • To do the first part of an action; to start

deteriorate

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  • verb
  • To become worse in condition or value

interpret

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  • verb
  • To express so that others understand it
  • To translate what is said into another language

limited

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  • adjecitve
  • (Of a company) with a limit of financial liability
  • With restrictions; not broad in scope
  • verb
  • To stop or prevent an increase past a point

overall

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  • adjecitve
  • Viewed as a whole; in general, not as details

consumer

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  • noun
  • Person who buys goods or services

cycle

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  • noun
  • Series of regular and repeated actions
  • Bicycle, bike
  • verb
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  • To ride on a bicycle

just

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  • adjecitve
  • Proper or appropriate; as is deserved
  • Doing or being what is right or fair
  • Legally correct; having enough evidence
  • adverb
  • Almost; nearly
  • Exactly at the time of
  • Exactly (the same as, like)

talk

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  • noun
  • Style of speaking
  • Discussion between two countries
  • Giving information in front of people; lecture
  • Saying things or ideas to someone with words
  • verb
  • To make a formal speech about something
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technology

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  • noun
  • Use or knowledge of science in industry etc.

head

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  • noun
  • Counter for the number of cattle
  • Natural mental ability or intelligence
  • Leader or person with the greatest authority
  • Mind; mental ability; mental state
  • Side of a coin with a head on it
  • Top part of your body with eyes and a mouth
  • Starting point of something, e.g. a river
  • verb
  • To hit a ball with your head in a game
  • To be first or at the front or top (e.g. a list)
  • To travel or move toward a particular place; To go in a particular direction
  • To become the leader of something
  • To lead or be responsible for something

period

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  • noun
  • Set amount of time during which events take place
  • A way to emphasize what you will say
  • A full stop (.), marking the end of a sentence
  • A menstrual cycle
  • A set time for a class to be held

scope

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B1
  • noun
  • Opportunity for action or thought
  • Range of things included or dealt with
  • Instrument that you use to look at things
  • verb
  • to look at especially for the purpose of evaluation —usually used with out

send

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  • verb
  • To cause to behave or respond in a particular way
  • To cause mail or packages to go to another place
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  • To give information or greetings to someone

taiwan

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  • other
  • A government on the island of Taiwan established in by Chiang Kai-shek after the conquest of mainlan
  • An island in southeastern Asia miles off the coast of mainland China in the South China Sea

treasury

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  • noun
  • Government office concerned with finance

fact

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  • noun
  • Something that is known or proved to be true

few

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  • pronoun
  • Not many, a small number

oil

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  • noun
  • A liquid used for frying foods
  • Thick, black liquid in the ground used as fuel
  • verb
  • To add a liquid for frying foods
  • To put liquid in a machine so it will run smoothly

positive

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A2
  • adjecitve
  • Showing agreement or support for something
  • Being sure about something; knowing the truth
  • Having the charge produced by electrons
  • Being good or useful
  • Showing that a chemical is present in a test

strong

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  • adjecitve
  • (Of tea or beer) dark or thick
  • Having big muscles; physically powerful

for

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  • preposition
  • Used to show the purpose, or need of something

through

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  • adjecitve
  • having finished using or doing something
  • adverb
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  • preposition
  • Over, in, across an entire thing or place
  • Allowing you to pass between, or to
  • By a particular way or process; by the use of

set

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  • noun
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  • Place where a television show or movie is filmed
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  • verb
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  • To decide on a price for something
  • To become hard (of glue, concrete etc.)
  • To be located in a specific place or time
  • To put (e.g. a vase) down carefully in a place
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  • (Of the sun) to go lower than the horizon

start

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  • noun
  • First time or place that a thing exists; beginning
  • First opportunity to achieve something, e.g. a job
  • Sudden action or movement because you are scared
  • other
  • Beginning of something in place or time
  • verb
  • To do, be or happen for the first time; begin
  • To turn something on

test

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  • noun
  • A medical examination
  • Action to establish the truth or nature of
  • Examination; questions to measure knowledge
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  • To be given a medical examination
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  • To ask a series of questions to measure knowledge

well

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  • adjecitve
  • Being in a fortunate, good condition or state
  • Healthy and in good condition
  • adverb
  • In an acceptable, proper, or successful manner
  • In a complete, total, or full manner
  • A great and considerable degree
  • In a successful way, in a good or satisfactory way
  • exclamation
  • Used to begin or continue a particular statement
  • Used to show you want to start saying something
  • Used to express that you are waiting for a reply
  • You say this to change the topic of a conversation
  • Used to indicate you are making a final remark
  • noun
  • Long deep hole in the ground to get water
  • verb
  • To cause your eyes to fill with tears
  • Introduction to Video Content
  • In this video, Steve Weiss, the CEO of Short Hills Capital, discusses his cautious stance in the market and the potential impact of recent events on the tech sector. He mentions the market's reaction to the news about Taiwan Semiconductor's delay in receiving technology equipment and how it affected tech stocks, including Meta which experienced a 3% decline. This demonstrates the market's sensitivity to high valuations and the potential for a downturn. Weiss also comments on Federal Reserve Chairman Jerome Powell's narrative regarding data dependence and stubborn inflation, which could lead to higher interest rates. He highlights the upcoming earnings season as a crucial period where the market will be tested, as investors will closely scrutinize companies' financial performance and comments to gauge the delayed impacts of the tightening cycle. Weiss expresses his caution in light of these factors. The conversation then shifts to the Federal Reserve's upcoming decision and the historical pattern of volatility following a September expiration. The market's current stability remains to be seen.
  • Subtitles section
  • A positive note out of Wedbush on the uptake for the iPhone 15. Amidst a lot of naysaying about where we're going from here.
  • Yeah look I think Friday's action which as I interpreted trade down on the Reuters article about Taiwan Semi saying hey hold off on sending us more technology equipment.
  • Certainly certainly hurt tech.
  • I mean it was down off that it did.
  • And if you look at how it hurt tech I mean you had meta down 3 percent.
  • They don't buy some equipment really.
  • Maybe they are now develop their own chip.
  • But the point is is that it shows that we're in shifty sands of a high valuation still in the market.
  • And it's not going to take a lot to get down.
  • Now we'll go to Wednesday and Wednesday.
  • Look I don't think Powell's going to change his narrative which is that hey we're going to be data dependent.
  • Inflation is still stubborn.
  • Rates can stay higher for longer.
  • So that's a controlling narrative.
  • But where it gets really interesting and where it will be test for the market as we go into earnings because you set the bar very high.
  • Now we're a little bit away.
  • We're about a month away from the heart of it.
  • But I think that's where it's going to come out.
  • What are earnings going to be.
  • What are companies going to say.
  • And are the delayed impacts of this tightening cycle finally start to hit.
  • My bet is they are.
  • So I'm more cautious on the market.
  • I've been saying for the last few weeks I remain so.
  • All right.
  • So Sharon we've got the Fed decision on Wednesday.
  • We know that.
  • And we're not expecting fireworks out of that.
  • You do have history suggesting that the weeks after a September expiration can be a little dicey like the many weeks after that happens.
  • It remains to be seen.
  • As I said we're largely hanging in there.
  • And by the way history also suggested that September is a lousy month.
  • Well we're halfway through and the S&P is only down one and one point four percent.
  • The Dow's down a third of 1 percent.
  • So it could be a lot worse.
  • The question is is it going to get that way.
  • Well there's certainly some risks ahead of us.
  • Scott in this last couple of weeks of September we obviously have the UAW strike which although limited in scope in terms of the facilities at which they are striking it certainly could have some meaningful impacts not only in sort of near term GDP but also longer term in terms of creating yet another foundation for higher wages.
  • We also have what's happening in Washington.
  • You know we we haven't talked a lot about that.
  • You know we had we averted the shutdown earlier this year.
  • We had the Fitch downgrade.
  • But now we're moving into a period where we've got 12 outstanding appropriation bills.
  • We're talking about the potential for the consumer to start to slow down.
  • We're seeing the resumption of student loan payments.
  • So there's certainly a lot even outside of market technicals to create some volatility as we're going in these last couple of weeks of the month.
  • I think we should feel comforted the fact that we're hanging in there as well as we are with these outstanding issues.
  • But I think that we should be cautious as we look forward over the next couple of weeks absent you know the the day to day information that we're not hearing from companies right now which could be seen as a boost as it was in the second quarter.
  • You know Joe I'm looking at a headline just crossing Macy's to hire more than 38000 seasonal positions.
  • So amidst all this talk about what's going on in apparel and whether the consumer is getting tapped out.
  • Treasury Secretary Yellen telling Sarah consumer spending remains quite robust.
  • You still got a ways to go to paint a really really negative story about where this all is heading.
  • Absolutely.
  • Without question.
  • Macy's probably getting ahead of getting workers because it's so difficult to get the workers right now at this point.
  • Scott I just think there's a lot of negativity that's embedded in markets overall.
  • You began the show talking about the seasonals.
  • Everyone that I've spoken to today who's observing the market and certainly myself included.
  • You're you're pleasantly surprised with the reaction overall.
  • The price of oil at ninety two dollars were coming off a triple quadruple witching actually.
  • And early this morning you had stocks like in video which were down significantly.
  • The S.M.H. was down significantly.
  • We reversed that S.M.H. is in the green.
  • Apple is strong.
  • So I think you treat what we're witnessing today as an example.
  • If you get weakness over the next couple of weeks I said this on Friday.
  • I believe you want to be a buyer because I think the setup for the fourth quarter is a strong one built upon the chase for performance.
  • And to your point the economic picture not deteriorating as expected just being good enough.