We're hoping by the fourth quarter (that) we see some pickup in the economy. In the meantime we've got to brace ourselves for some bad news.
More Quotes from John Forelli:
The market looks better than it did a month ago, yet the near-term outlook for most companies is probably worse,John Forelli
We need some sort of clear indication from the Fed that the economy is not slowing down and that inflation is not out of control. But it's not likely we are going to get that clarity in the next few months.
John Forelli
Greenspan's swan song will be probably the biggest focus of the market and whether there's any change in the Fed's language. In the energy area, people expect earnings to be good and Exxon didn't disappoint.
John Forelli
With the ongoing uncertainty about the presidential election, I think it was wise not to change their stance.
John Forelli
Short term, technology has had a sharp technical rebound so I wouldn't be surprised to see technology take a breather. Consistent steady growers could be making a rebound like consumer stocks and pharmaceutical stocks that have had a poor month.
John Forelli
Readers Who Like This Quotation Also Like:
Based on Topics: Media & News QuotesLet me warn you, if you start chasing after views, you'll be left without bread and without views.
Nikolai Gogol
I like DVDs so much - it's such a better format than VHS.
Roland Joffe
Defeat is not the worst of failures. Not to have tried is the true failure.
George Edward Woodberry