The realization that has moved into the market is that the price of oil will probably decline, and that the impact of Katrina, as horrible as it is to the people in the Gulf area, is not going to impact the economy in too great a way. Therefore, investors are comfortable with the prospect that growth is going to be pretty strong.
More Quotes from Andy Brooks:
In the late '90s, if you bought the dip you made money. Then the crash came in 2000-01, If you bought the dips then you just got run over.Andy Brooks
Energy stocks have been on fire, and the big gains they've posted will more than offset what people (who own these stocks) have been paying at the pump.
Andy Brooks
The Fed's been clear that rates are going up to control inflation. Investors are trying to see what that's going to do to the consumer.
Andy Brooks
There's a quadruple witch today and there's a lot of cross currents, so I'm not sure we should read too much into what happens today.
Andy Brooks
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Based on Topics: People QuotesI've succeeded beyond my wildest dreams - financially and the amount of fun I have in my life.
Phil Hartman
Because of the changes in the Padres team I played with last year, I felt like a veteran recently when I worked out with Jason Kendall and he told me he's liked listening to my records since he was a kid!
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But you can count the dead bodies from alcohol, tobacco, and legal pharmaceuticals by the millions.
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