Robert Philips Quotes (18 Quotes)

Advertising dollars are more targeted to the 25-44 age group.

It'll give some clarity about interest rates, whether the market can break out of this range, and will give us some indications about the presidential election. The better the jobs number, the better for Bush's re-election campaign, and for some on Wall Street, that's preferable, because they know what his policies are, and someone else coming in is more of an unknown.

We've talked to him about opportunities within our cluster. It's really in Steve's court.

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.

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,

The stock market initially got pretty spooked by the strong March payrolls number, ... At that time, the futures market was signaling no rate hike until November. Now, it's signaling August.

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.

I think the oil concerns have gotten overdone, ... but the situation in Iraq is a different story, though, as is a potential attack.

On the day, you're just seeing traders take some profits in response to an overbought condition after the rally, but longer-term there is a real concern about the bond market being at a 45-year low and the risks of deflation.

We're not seeing much movement today (Wednesday) but I think we hit a bottom last week and we've set the stage to move higher in the short term.

I think it's unlikely that it's the retail investor causing this kind of action. You can pretty much bet it's program traders.

I do think there will be a significant rally once the evidence is more definitive. A conclusive end to war will fix the problems we are having today. A positive end to war stimulates a stock market rally, which stimulates consumer and corporate spending. I think it's the stock market that comes first -- it's always been that way.

From a technical standpoint the market is in a pretty good place. But I think it's a classic summer Friday, and people don't want to commit too much after the week we've seen and ahead of all the news next week.

It's been a difficult week or two for the stock market. It seems like as soon as we get past one thing, we have another. Overall, it seems the confluence of negative news is making people jittery.

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.

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.

We're pretty locked into this no-man's land as we wait for the Fed. I think that the Fed will probably cut 25 basis points and that you're not going to see much reaction tomorrow, because that size cut is priced in. What Greenspan says is going to be more important.

The PPI today obviously affected the bond market. Stocks are more neutral right now in that you have oil stocks, materials and drug stocks doing well today, and that's countering the concerns about inflation.