Once we get past the CPI, we'll be right into Fed watch. Just because the numbers report a slower economy doesn't' mean that we're looking at anything more than the natural seasonal response.
More Quotes from Alan Kral:
What you're seeing today is that swing back and forth. There's always a range of expectations, which means he'll (Fed Chairman Alan Greenspan) always disappoint somebody, and a lot of that disappointment was reflected yesterday.Alan Kral
We like the oil stocks. Oil has been in the dumpster for several years. We're starting to see the price hikes. Oil is up over 30 a barrel. This ought to be positive for these companies.
Alan Kral
I think what people will begin to focus on is earnings going forward.
Alan Kral
We think the rally in Nasdaq over the past two weeks is really a relief rally. The relief is they don't think the Fed has to go any further.
Alan Kral
All this talk about a war with Iraq is adding a tremendous amount of volatility in all the markets. We see it in bonds, gold, oil. The uncertainty of what's going to happen is weighing on the markets.
Alan Kral
The earnings stink. Earnings are down 16 percent, multiples are sky high, and the whole world is built on hope and a lot of cash flow.
Alan Kral
Readers Who Like This Quotation Also Like:
Make your creed simply and broadly out of the revelation of God, and you will keep it to the end.Phillips Brooks
Logic is like the sword - those who appeal to it, shall perish by it.
Samuel Butler
And soon, too soon, we part with pain, To sail o'er silent seas again.
Thomas Moore