In an interview with RTT News, Ron Kiddoo, chief investment officer at Cozad Asset Management discusses the market's early losses on Wednesday, which were eventually reversed. He calls the action a sign the November lows will hold. However, Kiddoo predicts we will be in a volatile "market range" until we start to see some positive numbers, weakening the chances of a Santa Claus rally.
In addition, Kiddoo discusses the chances of a Big Three rescue and says "when the final bell rings, the automakers will be bailed out."
To listen to the complete interview, visit:
http://www.rttnews.com/Content/AVDownload.ashx?ID=26574&url=Audio2/2008/December/3/AMBUZZ-Kiddoo-12.03.08-lbr.mp3
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.