John Kinsey Quotes (24 Quotes)

Commodities are carrying the day. There's a bad side to it. Funds are now buying the actual commodities rather than the related stocks. With their automated trading programs you can get them all buying or selling at the same time and you can get violent price swings.

There's absolutely no corporate credibility out there and investors are starting to walk, ... I really don't see this market turning around unless something dramatic happens, but I just don't know what that could be.

This market has no leadership. It's like a rudderless ship, bobbing up and down on the ocean. What's up one day, is down the next,

There's no leadership whatsoever to this market, ... Unless something spectacular comes out of the quarterly earnings, it could be a very quiet summer.

These things are just small, tuck-in acquisitions. The banks are still waiting for the approval to merge. That will be the icing on the cake for them.

There's a little bit of anxiety beginning to creep in about earnings. We know how badly the carmakers like GM and Ford are doing, and that will affect shares of suppliers here in Canada.

The market is just sound asleep today. The TSE is looking for leadership,

It's going to be volatile as long as we have so much hanging in commodities.

As long as India and China are healthy the direction is going to be up for the natural resource area and about 45 percent of our market.

He doesn't want to err on the side of conservatism. The consensus is that he will do one more cut and then that might be the end of it for some time.

There is a very bad tone to this market. There is no leadership. There's obviously a lot of bad news out there and a lot of disillusioned investors.

Most of the heavies have reported. And the second quarter is mostly behind us. It's more of the same, no leadership.

There's more demand than supply for all the metals. We think that cycle may be getting extended. Banks' earnings momentum is slowing as interest rates rise and loan-loss provisions increase.

I know they have to expand the highway, but what they are doing is taking business that's been here for years and putting them out and closing them down.

The whole bank has been set up for a wedding if we do get these bank mergers. Bank of Montreal would be the prime target.

Everyone's waiting for Wednesday, for (Federal Reserve Chairman Alan) Greenspan to make a decision,

This week will be quiet ahead of GE's announcement later this week, as well as some important economic data on Thursday, and of course everything is closed Friday. I think investors will play it very cautious for this week,

I'm afraid that even if (Fed Chairman Alan Greenspan) cuts by a half, that isn't going to do very much for the market. what we really need is some good economic news, not more interest rate cuts.

Investors have to be patient and bide their time. From what I see, the second quarter is not going to be that great and who knows about the second half,

Money's no longer as cheap as it was. The economy is still good, but I think a shift in the loan losses can make a difference.

I think really the jury is still out and we have to wait two, three, or four more days to see have we put in a bottom or are these just normal rallies in a terribly oversold bear market,

It's still going to be a tough time for quite a while for the market, ... The market really is driven by confidence and now that's been eroded by credibility factors.

I think people were looking for a more definitive kind of answer from (the Fed).

I think this is something we live with on a day-to-day basis, unfortunately, and hope that when we get these violent swings they provide an opportunity for longer term investors.