The world is looking for lower interest rates. Clearly, the psychology world-wide remains highly nervous.
More Quotes from Alan Ackerman:
Some sense a climax lies ahead, and others think we're getting close to the bottom,Alan Ackerman
My sense is that an earnings recovery is further away than expected and there is no immediate catalyst to turn this market sharply higher. We could have a trading rally, but on balance, people are still nervous about the earnings outlook.
Alan Ackerman
We're starting to find that investors in particular are measuring their risks carefully and are not afraid to put their money to work at this time.
Alan Ackerman
Most of the retailers are watching their advertising dollars very carefully. This is not going to be an easy period for retailers but it could be worse. Tax refunds are certainly playing some positive role in consumer spending patterns.
Alan Ackerman
The market story today is essentially Cisco. It's pulling lots of other stocks down,
Alan Ackerman
The big question making the rounds now is How does one really judge value and are strong first-quarter earnings (expectations) already factored into technology stocks
Alan Ackerman
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