One thing that we're still concerned over is the slowing earnings growth on a year-over-year basis. Likewise, we're still concerned about slowing economic growth.
More Quotes from Bryan Piskorowski:
With Hewlett-Packard, another one bites the dust and technology is bearing the brunt of a buyers' strike, ... We're mired in a period of uncertainty here and clearly the vote right now is 'Cash is king.'Bryan Piskorowski
For the Fed, the productivity numbers and the very well-restrained unit labor costs are good news, confirming that they didn't have to take action to pace the economy.
Bryan Piskorowski
We're giving back a little, but you need to put it in perspective. The Dow lost 1,700 points from July 5 to last Wednesday, and then made up north of 1,000 in four days. So a little profit taking, particularly when you've got weak consumer numbers and other factors is certainly no surprise.
Bryan Piskorowski
It's a really light week on the data calendar and, ultimately that's going to be the proof in the puddinghow are we going to trade in an information vacuum.
Bryan Piskorowski
We understand the manufacturing side is in a recession. The question is, Will the data bring forth a more forthright (aggressive) Fed
Bryan Piskorowski
I think that the averages are holding their own. You've got to keep in mind that we're coming off five weeks of gains on the Dow and the SP. The housing numbers were strong, so we're starting off the week on the right foot, but we've got a lot of economic data to get through this week and we're going to be looking for signs that the economy is holding up.
Bryan Piskorowski
Readers Who Like This Quotation Also Like:
The Medicaid system currently steers people toward nursing home care. Far more people can be covered in community-based care programs for significantly less.Edward G. Rendell
Every where the years bring to all enough of sin and sorrow; but in slavery the very dawn of life is darkened by these shadows.
Harriet Ann Jacobs
Public influence is the real government of the world.
Josiah Warren