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Letter "J" » John Forelli Quotes
«I think the Fed raising rates 25 basis points is pretty much built into the market at this point. As is often the case, people will be watching the language in the statement for indications of what the Fed is going to do at upcoming meetings.»
«What a stark difference in investor sentiment compared with several months ago. Even though investors know the economy is very weak and still vulnerable to a relapse, they believe that, bit by bit, the vital signs are improving.»
«There's bad news out there but people are still anticipating a recovery. There's certainly no fundamental news that caused it.»
«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.»
«We're not going to shoot skyward from here; we're going to creep, ... six months or so from now, we'll probably be looking down at where we were and say 'how'd we get up here?'»
«We're not going to see much positive news coming out.»
«You say to yourself that the second and third quarter are going to be the bottom when it comes to earnings comparisons, ... If you're an optimist, maybe now is the time to start buying.»
«The market looks better than it did a month ago, yet the near-term outlook for most companies is probably worse,»
«We're trying to get back to normal in a situation that is proving to be anything but.»
«It confirms the weakness in the economy, and that's not good for the market.»