The U.S. economic recovery appears to be further down the road than many expected, so another cut in interest rates is not likely to mean a great deal, ... What's more important is when companies report they're starting to see a reduction in inventories.
More Quotes from Alan Ackerman:
I think gains in the market have outrun fundamentals. The move has been too much too soon. I see the likelihood of a pullback next week.Alan Ackerman
It gave sellers a chance to lighten up a bit, ... On balance, this just appears to be investors taking a breather.
Alan Ackerman
We're almost worn out with earnings. So many have surfaced of late.
Alan Ackerman
We've got to be wary of the four T's tech, telecom, terrorism and timidity, ... We're also in the summer stall. No one is eager to move in. There's a real lack of conviction.
Alan Ackerman
We are in an environment which clearly seems to benefit from a 'feel good' phenomenon.
Alan Ackerman
There's been no shortage of negative news lately, and this event is likely to further depress the markets,
Alan Ackerman
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Based on Topics: Economics QuotesHe conquers who endures.
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