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Quotations
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John Forelli Quotes
«Everyone will be looking at the holiday sales numbers when they come back Monday. They'll be looking to see what happened the day after Thanksgiving, but also over the weekend.»
Author: John Forelli
«We're at the point in the earnings period where we get all the bad news, because we're in the first two weeks of the new quarter. So I think there's a little anxiety about fourth-quarter earnings right now.»
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
«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
«And we're not forgetting about technology, either, ... We like EMC here; we think the storage area's going to pick up.»
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
«I think the earnings disappointments are pretty much factored in,»
Author: John Forelli
«This (Thursday) is a day to worry about things, ... We got off to a rough start and typical problems continued. Obviously the earnings reports are coming into question and the GE news with the potentially failed merger with Honeywell just cast a pall over the market.»
Author: John Forelli
«Barring some unforeseen event, those same five rate cuts should have the economy perking back up later this year,»
Author: John Forelli
«You're in an environment where you're going to have really bad second- and third-quarter earnings comparisons for the market, ... To date, the market has been selling off when there's been bad earnings news and rebounding when people think the Fed is going to cut rates.»
Author: John Forelli
