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Letter "J" » John Forelli Quotes
«Barring some unforeseen event, those same five rate cuts should have the economy perking back up later this year.»
Author: John Forelli
«I think the earnings disappointments are pretty much factored in.»
Author: John Forelli
«Wall Street tends to see the light switch as on or off. The reality is that we're dealing with a dimmer switch and the lights are slowly coming up. The economy has picked up about as quickly as expected, but the market just isn't reacting to it.»
Author: John Forelli
«My sense is that something is going to get people bullish before the end of the year, but it may not be the events of next week.»
Author: John Forelli
«I think some of the economic news that came out today gave people a sense that the economy isn't overheating. Worries about that had weighed on stocks of late, and certainly the bond market has indicated that.»
Author: John Forelli
«Greenspan's swan song will be probably the biggest focus of the market and whether there's any change in the Fed's language. In the energy area, people expect earnings to be good and Exxon didn't disappoint.»
Author: John Forelli
«In general, we're in this low news flow period where most of the earnings are already out and it's pretty apparent that the Fed is going to keep raising rates.»
Author: John Forelli
«Retail sales came pretty much in line with expectations.»
Author: John Forelli
«I think we can keep drifting higher.»
Author: John Forelli
«But to really see a bigger push, we'd need more clarification from the Federal Reserve about when the interest rate hikes are going to end, or we'd need more benign economic data to suggest an end is near.»
Author: John Forelli
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