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Letter "M" » Mark Bryant Quotes
«With so few negative pre-announcements, many of the earnings should meet or exceed expectations, ... So it's what is in the forecasts that will determine the market direction.»
«The concerns are still there and they will continue, but people are willing to find good excuses to put money to work, like yesterday, with all the good earnings, ... Interest rates remain at historic lows, so even if they rise 50 or 100 basis points, if we keep seeing double-digit earnings growth each quarter, the earnings will outpace the higher rates.»
«People are starting to move from factoring in a 25 basis point rise to expecting a 50 basis point rise, ... If Friday's number is particularly strong, people may take that as a sign that rates will rise as soon as at the June meeting.»
«[But in general,] the sentiment is very negative right now, ... There's just very little reason to put money to work. It's also historically a tough time for stocks, through October.»
«It's the first day of the quarter, which means there was a lot of end-of-quarter window dressing yesterday. So a lot of people who bought yesterday are looking for reasons to sell today.»
«There's no conviction out there, ... There's a lot of concern that the pace of the economic growth is slowing, and summer is just a seasonal tough time.»
«Oil keeps gaining and it doesn't seem to want to stop, ... It's hard to get any (stock) traction when that's happening.»
«I think a lot of us will breathe a sigh of relief if we can get through those two events without a terrorist attack, ... Then maybe we can see a little stock rise after that.»
«After the convention, after Labor Day, volume should pick up and we'll go from there,»
«The three hurdles that we had to get over this summer, we got over without incident.»