If the economy has turned, as all these reports keep showing, the investment community needs to see earnings turn around too. There is still a lot of money on the sidelines.
More Quotes from Jack Baker:
One of the events was a free day at Monarch Park where Sibley brought in all the food, costing thousands of dollars. Plus, there might have been some people paid to vote.Jack Baker
Definitely third quarter earnings should be good, fourth quarter might be a little more of a struggle but again everything is relative. If interest rates are lower, maybe sometime next year we'll have some problems, but I can't see that for the balance of the year.
Jack Baker
Despite the selling, traders appeared fairly optimistic, many attributing the day's decline to investors pulling out profits after recent record session. I see the flow of funds still exceptionally favorable for the stock market, ... 8,000 is my number. We should be there in the next week or two.
Jack Baker
Cleveland backed the gold standard, which detractors believed hurt the farmers and small business owners. Sibley did not support that...(and) had the wherewithal to stand up in Congress and tell the president he was wrong.
Jack Baker
One day does not make a bull market and I don't think Oracle's going to turn us,
Jack Baker
Sibley was a representative of rural Pennsylvania with roots deep in the local soil. His innovative techniques on his farm along the Allegheny River gained worldwide attention. This is a man who had a significant amount of influence from our area.
Jack Baker
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But then Iraq happened after September 2001 and America claimed that Al Qaeda was there, and we all know that was a lie and we now know that our own Prime Minister deceived the country terribly.
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