John Forelli Quotes on Economics (7 Quotes)


    Under normal circumstances, we'd see more investors already stepping back in, trying to anticipate the economic recovery. The war and the threat of terrorism change the equation.

    Just because near-term news is lackluster, it shouldn't scare you away from your hopes of an economic recovery later this year.

    I think some of the economic news that came out today gave people a sense that the economy isn't overheating. Worries about that had weighed on stocks of late, and certainly the bond market has indicated that.

    I think there are still a lot of sectors of the economy that will get worse before they get better. I still expect to see a pickup in the economic news in the fourth quarter but there's still a big wait between now and then.

    We have yet to see any tangible signs of economic recovery and you start to worry whether consumers will be able to hang on until business activity picks up.


    We're going to look at any economic news that shows the economy is starting to pick up steam. Anything on the front end of the economy where the consumer is if that starts to pick up steam then that's going to give investors confidence that the economy is going to pick up.

    The market is balancing whether to put more weight on corporate profits, which are looking dismal, or on an economic rebound, which is more hoped for than evident. Right now, even with a lack of any clear and compelling evidence of economic recovery, the market is laying its bets on the rebound.


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