There is a lack of confidence but there were not any fundamental developments at all.
More Quotes from Russell Jones:
Dollaryen has responded to horrific weakness in data which has continued over the last business day in Japan. Machinery orders were a bit of a horror story.Russell Jones
I think the real concern driving corporations is that they maintain profitability and that they do so in a way that is supportive of the environmental concerns of the citizens.
Russell Jones
That kicked into the equities market. Around 25 percent of bank profits come through bond holdings. If they are losing these capital gains then the banks are hit. People then started selling the yen because I think they started fearing things are not smelling too good here.
Russell Jones
It was a flow-over from yesterday's news that the LDP and the Liberal party are working towards a coalition and as part and parcel of that they are looking at further reductions in tax cuts,
Russell Jones
If we are in an emergency weather situation and the land lines go down, we have cell phones.
Russell Jones
They're shorting the yen and that's the right attitude. There's a feeling we're reaching some kind of endgame,
Russell Jones
Readers Who Like This Quotation Also Like:
Based on Topics: Confidence QuotesIf there were a major earthquake in Los Angeles, with bridges and highways and railroads and airports all shut down and huge buildings collapsing, I don't care how much planning you do, the first 72 hours is going to be chaotic.
Warren Rudman
If you have a particular faith or religion, that is good. But you can survive without it.
Dalai Lama
I confess, I do not believe in time.
Vladimir Nabokov