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Tony Crescenzi Quotes

«The pattern of the equity market lately is that it doesn't retain its bid for long. Bonds started to strengthen on a bet that stocks would weaken. It's rare that stocks hold a bid these days.»
«It is conceivable, for example, that the current weakness in stock prices may already reflect the weak earnings news that will be released over the next several weeks and the stock market might unwind some of its excess pessimism,»
«The pendulum has swung against the bond market in favor of the economy, stocks, and spread products,»
«Wall Street would generally rather see Republicans in control of the Senate,»
«Unfortunately for investors, today's speech contained no hint at the pre-meeting rate cut the markets are hoping for,»
«Like the Great Tulip Mania in Holland in the 1600's and the dot.com mania of early 2000, markets have repeatedly disconnected from reality,»
«Today's report in and of itself will play a positive role in helping to alter attitudes about the economic outlook,»
«While today's data reinforces the notion of slowing job growth, it does not yet mean that the economy is about to undergo a period of outright job losses, ... But it is at least clear that the economy is now on that path.»
«The patient is in need of medicine, fast.»
«The stock market has been in an up-and-down pattern, ... That helps maintain the attractiveness of bonds.»