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Jon Burnham Quotes

«We won't see 15 percent growth like we're seeing in the third quarter (of 2005), but I think certainly low- to mid-single digits.»
Author: Jon Burnham
«Easing rates will not improve the situation but increasing liquidity will, ... The central bank needs to get money into the system. I think the economy has problems but it's not going into a depression. It's corporate America that's doing everything to undermine investor confidence. Corporate malfeasance is horrendous.»
Author: Jon Burnham
«They already pre-announced the bad quarter and nobody knows when this is going to end, ... The facts are everybody knew Cisco's quarter was going to be bad and no one expects it to get better anytime soon, so the news on Cisco was no news.»
Author: Jon Burnham
«Nobody knows how serious the economic decline actually is or how long it's going to last or whether [Federal Reserve Chairman Alan] Greenspan's efforts [to cut interest rates and stimulate the economy] will be successful or if the Bush administration's tax cut will really fire the economy,»
Author: Jon Burnham
«In terms of stocks, GE is the biggest problem today, as is the American automobile sector, ... You've got Ford trading at $7 a share, that's practically bankruptcy level for a company that is not in danger of declaring bankruptcy. And when GE, one of the great, major companies of the world is down, it has a big impact on the psychology.»
Author: Jon Burnham
«I think the market is in the midst of a pretty strong rally, and any selling today doesn't mean much, ... We're in an uptrend.»
Author: Jon Burnham
«It's not good news that we've broken through the July lows but analysts are pouncing on every stock, including the greatest names in the business such as General Electric. We've seen some unbelievably disappointing calls on some heavy-hitting names,»
Author: Jon Burnham
«You've got the economy and the Enron situation, these two opposing features and it's just a question of who wins out on any given day,»
Author: Jon Burnham
«What's really worrisome is what Mr. Spitzer is going to do next, ... I don't know what wrongdoing AIG might have done. I would be very inclined to buy more of AIG but I don't know what Spitzer has up his sleeve.»
Author: Jon Burnham
«The central bank needs to get money into the system. I think the economy has problems but it's not going into a depression. It's corporate America that's doing everything to undermine investor confidence. Corporate malfeasance is horrendous.»
Author: Jon Burnham

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