It's taken a while to generate the real increase in trash levels that these companies benefit from. That's what we're finally seeing flow through here.
More Quotes from Tim Ghriskey:There has been very much a sea change of investor opinion here. We've gone from a period where the Fed was simply moderating growth to a period where the Fed is trying to restrain growth or even depress growth.
The Fed statement was clear about the likelihood of further rate increases. That outlook, combined with Dell's warning, was enough to damp demand for stocks today.
This is a company where management is still committed to spending earnings to stimulate future growth and market share. You are betting with management that their efforts are going to pay off. Is there any guarantee No.
We might expect some initial weakness, but the markets have gotten used to the idea that terrorism is going to be with us for a certain amount of time, and the war on terrorism is going to take many years to win.
The stock market is a forward-looking beast, and that's why we are seeing futures dip lower even amid some very strong reports, such as the ones from financial institutions.
There are some high-profile upgrades this morning, and Exxon Mobil and Intel are certainly helping the market. Adobe earnings, the current account number coming almost in line, and the moderation in oil prices will be a positive on the market.
Readers Who Like This Quotation Also Like:If a man can bridge the gap between life and death, if he can live on after he's dead, then maybe he was a great man.
I would like to break out of this dark, brooding image, cause I'm actually not like that at all.
Journalism's ultimate purpose is to inform the reader, to bring him each day a letter from home and never to permit the serving of special interests.
Arthur Ochs Sulzberger