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.
More Quotes from Alan Ackerman:
There's some concern that there is inflation in the pipeline, ... And with the dollar's weakness, the stock market traded in a narrow range.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
Warren Buffett has shown the ability to endure. He hasn't lost his touch.
Alan Ackerman
This was the last chance for the Fed to raise rates in 1997. The market reacted earlier as if nothing would happen, and when the news came we saw some buyers but also some sellers going to work,
Alan Ackerman
The market next week is anybody's guess. World nations are watching the United States.
Alan Ackerman
There's a feeling that oil prices will work higher still. The U.S. is more dependent on foreign imports than it has been in a while, and with oil prices on the rise, buyers moved quickly into oil stocks and energy related stocks,
Alan Ackerman
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For the last 4 years, our Federal Government has produced the four biggest deficits in history, and the estimated 2006 deficit of $423 billion is projected to be the largest of all.
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A superior man is modest in his speech, but exceeds in his actions.
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