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Quotations
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Jack Ablin Quotes
«It was probably one of the quietest days of the year. We started the day with good news on weaker oil [prices] but bad news on housing sales.»
Author: Jack Ablin
«All of those things conspired to create a difficult environment for stocks.»
Author: Jack Ablin
«Maybe now there's enough fear out there to form a base to rally again.»
Author: Jack Ablin
«We're no longer in a buy-and-hold environment. You have to be much more active in sector allocation. That's where the future of this business is going.»
Author: Jack Ablin
«I would infer from the statement that the Fed is somewhat more sanguine on the economic recovery. Perhaps they believe that $55 oil prices are, at least for the time being, something of the past and that jobs are just improving at a moderate pace.»
Author: Jack Ablin
«With light volume, we're going to bounce around like a ping-pong ball. I wouldn't take any moves this week as a clear indication of anything.»
Author: Jack Ablin
«Traders found some weakness in the factory orders in the ISM report after digging around.»
Author: Jack Ablin
«I don't see any last-day-of-the-year rebound. I think it will be more of the same tomorrow.»
Author: Jack Ablin
«Any bad news can throw us, and the jobs report was perceived as bad news, seen as a sign that the recovery is fragile, but that's not necessarily true. In the last two recessions, a pickup in employment only happened a year after the recession had ended. So just because unemployment is higher doesn't mean we're not on track for a recovery.»
Author: Jack Ablin
«The employment report is one of the key indicators for figuring out if the consumer can hold on. We're trying to transition this economy away from the consumer, but this potential war is getting in the way. We have to keep consumer spending going until corporate executives are able to make decisions regarding corporate spending.»
Author: Jack Ablin
