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Letter "J" » Jon Brorson Quotes
«People are looking for commentary from Greenspan and other members of the Federal Reserve. Earnings have been great over the last year and half, but the market hasn't gone anywhere, and it's because the Fed's sitting on the market.»
«I don't think the trade data is that meaningful since it's sort of sandwiched between the FOMC and tomorrow's CPI.»
«We've never seen a recession without the yield curve inverting, but the corollary is not true: Just because the yield curve inverts does not mean we're going to have a recession.»
«People are real skittish after the sell-off on Friday. That was a pretty nasty bump.»
«It suggests we're looking, in the months ahead, at a correction. ? A big, bad bear market? No. But a correction, especially in small and mid-cap stocks.»
«Caterpillar had good numbers. That's got to help.»
«The choppiness we've had over the past couple weeks, the volatility, suggests stocks are vulnerable. It suggests we're looking, in the months ahead, at a correction in the marketplace.»
«It seems like maybe some new money may be coming to work at the start the new quarter.»
«I think earnings will be good this quarter. The pre-announcement season was very innocuous.»
«We might start the day with some gains in stocks on the back of the good reports that came this morning. But with concerns over oil, and inflation down the road, investors may take the opportunity to take some profits.»