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Timothy Ghriskey Quotes

«I think there's a lot of fear about the earnings, particularly the tech earnings.»
«It doesn't seem like corporations want to boost their earnings projections as much as the market would like.»
«Everyone is expecting a 25-basis point rise. The mantra has been measured and we expect it to continue to be measured.»
«We've had some not-great earnings news, such as GM. But to us, the biggest issue remains oil. Crude up at these levels is a concern for the consumer and for corporations on a global level.»
«Everyone knows growth slowed in the third quarter, and so for a company like GM to miss is not surprising, considering that it's so reflective of the economy and impacted by oil prices.»
«I think today is a day of portfolio window dressing, with asset managers making sure they don't have cash sitting around for the end of the year, which tends to be favorable for stocks.»
«The fear that's out there is forward looking, with people worrying about inflation and what the Federal Reserve might do in the months ahead. So the numbers next week won't help, although we do get a lot of earnings, which is good.»
«the investment banks and economists may come out and lower second-half gross domestic product growth forecasts.»
«You're seeing a little relief buying after the pressure of the last three days. There was a lot of selling on the speculation about Rita, but now that it's getting closer to where it's expected to hit land, there's a backing off.»
«Oil was down a lot on the day and that certainly helped the market to support recent gains. There's also money moving from bonds to stocks here, with bonds retreating after the August run.»

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