Michigan Sentiment may be the key to activity today. Otherwise it may be a case for waiting for some confessional news next week and the next quarter's results from Morgan Stanley, Bear Stearns and Lehman Brothers often a good barometer of economic and business activity.
More Quotes from David Buik:
NYSE is looking for acquisitions. London seems totally obvious, totally sensible and I expect them to come galloping over the hill to conclude something at around the 950p to 10 pound level in the months to come.David Buik
The market has a very strong undertone to it and would seem reluctant to surrender too much of its recent gains. Very strong and robust turnover yesterday ventures to suggest some serious commitment to the market place.
David Buik
This is obviously very good news but this might be treated with a certain amount of caution as Fed bankers did not know that oil would go to 72 a barrel when they made these comments.
David Buik
This should be one of the least complicated decisions the MPC will have to make on Thursday for some time.
David Buik
ITV posted a good set of numbers despite lower revenues from advertising. 300 million pounds is going back to shareholders, there will be a new channel and the pension deficit has been halved.
David Buik
I think people are being more selective about tech stocks. Last week was a cracking week in the banking sector - and Germany's Deutsche Bank had the yellow leader's jersey. And I think it's important that people see the telecom sector, which has dropped like a stone ... people will be looking for something there.
David Buik
Readers Who Like This Quotation Also Like:
Based on Topics: Economics QuotesBased on Keywords: confessional, lehman, stearns
I have been surrounded by some of the smartest, brightest, most caring lawyers, by agents who are willing to risk their lives for others, by support staff that are willing to work as hard as they can.
Janet Reno
Plans are nothing; planning is everything.
Dwight D. Eisenhower
It is amazing how complete is the delusion that beauty is goodness.
Leo Tolstoy