When you look through the vast majority of reports - even the ones that are bad - what you see is the undertow is still pretty strong.
More Quotes from Jim Paulsen:
That certainly is going to fan a little inflation fear here, and going forward it will at least keep people on the watch a little longer on the idea that the Fed is going to keep tightening.Jim Paulsen
You've got commodity prices and the cyclical stocks getting hit and all of that happens when people start to question whether the interest rates are biting.
Jim Paulsen
One of the central characteristics of this entire global recovery is the outsized impact of these new economies. That's one of the reasons why growth has remained strong in the U.S. and profit trends have been remained positive, so if there is any inkling that we are at the front end of slowing that down, that's going to make a dramatic difference.
Jim Paulsen
There's a fairly consistent theme running through all of the markets, which is tied to the idea that the Fed is nearing the end of the tightening cycle. It was the combo that the Fed's done and the import price number was down.
Jim Paulsen
The headline thing today is oil. It's within striking distance of a new high. It adds more fear about how much the economy could slow.
Jim Paulsen
We might see a little pause for assessment on stocks next week ahead of the jobs report. From now on, stocks will rise only if investors continue to believe, just like the Fed, that the economy is solid and may absorb higher rates.
Jim Paulsen
Readers Who Like This Quotation Also Like:
Based on Keywords: undertowI come in. I'm going to sketch, I'm going to drape, I don't know what I'm going to do.
Geoffrey Beene
You know it has to do with Kelley and drugs, and me... and there's like, what is it? I didn't read it. That's my thing. That's what I do, I don't read things if I don't think they're going to be good. I don't even look at the pictures.
Kim Deal
In teaching, I wanted to offer a general pharmacology course based on chemical principles, biochemical classification and mathematical modelling. In the event I achieved neither of my ambitions.
James W. Black