Peter Cardillo, chief market economist at Rockwell Global Capital, was among those saying investors should expect a pause in the market's advance.
Tentative signs of economic recovery had led the City to expect a pause in the money creation scheme.
"Given the strength of the rally, it was appropriate to expect a pause," said Jack Caffrey, equities strategist at J. P. Morgan Private Bank.
And it is certainly not unreasonable to expect a pause at such a major round number level.
The tough talk surprised the markets, which had been expecting a pause in the Fed's rate-raising at its next meeting on June 29 amid growing signs that the economy is losing momentum.
I expected, perhaps, a pause, a hyphen, a space, a space where a question might follow… Is that you, Kitty?
DOI: http://dx.doi.org/10.7554/eLife.10514.005 Next, we sought to determine whether or not the ∼35-nt RNA species produced under the control of the P tar promoter was RNAP-associated, as would be expected for a pause RNA.
You've been warned, though: expect a few pregnant pauses in the autumn.
It was unclear whether she was starting a complex task of shuttle diplomacy or whether she expected to achieve a pause in the hostilities and then head home.
I paused, expecting a chorus of "Oh, you poor thing," accompanied by multiple offers of feminine products.
