1. By all accounts, what disturbs the market is that corporate chief executives have not been very encouraging in their forecasts for the rest of the year. 2. Most commentators say that Fed is unlikely to raise rates soon for fear of further disturbing the markets. 3. Promises by leading presidential candidates in the months ahead of the election could also disturb the market. 4. Separately, the market was disturbed by news that traces of anthrax spores were found in mail addressed to the Federal Reserve, including to Chairman Alan Greenspan. 5. There was a time when increases in crude oil and interest rates would have disturbed the equity markets, but now any such impact is transitory. 6. The market was also disturbed by the possibility of more terrorist attacks following warnings Sunday by Vice President Dick Cheney. 7. The RBA insisted it had not disturbed the market in making the sales and said it did not plan to offload any more of its assets. 8. Trading was buoyed from the start as the September futures contract was settled without disturbing the market. |