You've got the whole unsettled war threat hanging over us, a slew of corporate malfeasance, and worries that economic recovery won't be as good as expected in the second half of the year, ... But people are getting sick of this, which is the kind of reaction you have when a bottom is being set. So maybe that's one positive.
More Quotes from Robert Philips:
You have technology showing leadership again today, but I think you'll see a rotational shift by the end of the month, with investors pulling money out of sectors like tech and industrials and putting it into those that have performed less well, like pharmaceuticals,Robert Philips
To the extent that there remains pressure on stocks even when the company reports some good news means that on a broader level, people don't want to own anything right now.
Robert Philips
Advertising dollars are more targeted to the 25-44 age group.
Robert Philips
Greenspan had something for everybody, as he usually does. It depends on your frame of reference in terms of how you interpret it. I think his comments were pretty benign.
Robert Philips
Long term, I think the markets are higher. ... I think on a very short basis, we're due for a pullback of sorts. The government is doing all it can to stimulate the economy, but pricing power is a concern longer term.
Robert Philips
Readers Who Like This Quotation Also Like:
Based on Topics: Corporation Quotes, People QuotesBased on Keywords: malfeasance
I think the best American poetry is the poetry that utilizes the resources of poetry rather than exploits the defects or triumphs of the poet's personality.
Mark Strand
New York is the perfect model of a city, not the model of a perfect city.
Lewis Mumford
Philosophies change by the day while God never changes, simply because, being perfect, He does not have to change!
Jimmy Swaggart