Clearly, confidence is being impacted by the fact that many feel the Fed has strangled the economy and inflation remains low, ... Fed Chairman Alan Greenspan will be in office until 2004 and, at the moment, he seems to be the man who makes or breaks the market based upon the Fed's policy.
More Quotes from Alan Ackerman:
IBM's announcement today hopefully is a harbinger of things to come, ... Investors need to know there's a sense of value among market leaders. IBM stepped up to the plate, and the market seemed to have rallied on the news and inspired other investors.Alan Ackerman
Once again, it's anybody's guess next week. It would not surprise me to see people sell on strength, take a little cash off the table and wait for the markets to stabilize.
Alan Ackerman
Investors are being cautiously optimistic. There's a desire to put money back into the market based on a feeling that the worst of the economy may be behind us, ... However, there's not enough evidence of that.
Alan Ackerman
The economic backdrop in the U. S. is still attractive, prompting bargain hunters to go to work as we approach year-end.
Alan Ackerman
Next week will be very tense, full of sadness and recollections about Sept. 11 ... Prudent investors may not want to commit money until after we cross that date.
Alan Ackerman
The market continues to suffer from lots of negative news,
Alan Ackerman
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Based on Topics: Confidence Quotes, Facts Quotes, Man QuotesI don't think you ever think that you have made it but I did take a look at myself one day and think back to when I was a little girl and it was nice to know that I had at least made it this far.
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We are all victims because of the circumstances, but I'm not sure what to say to any one who has lost a loved one. I know the feeling myself, and words just don't do much to ease the pain.
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Problems are not the problem; coping is the problem.
Virginia Satir