Quotations
Famous Quotations
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Charles Crane Quotes
«The irony of all this summer rally is that the more vigorous it gets the higher the odds are that Mr. Greenspan continues to tighten the screws. And whether that will then lead to a more severe hangover the next morning is what we're all wrestling with.»
Author: Charles Crane
«I think that we are seeing some terrific earnings coming out of the technology sector here in the second quarter. The reality is that earnings are going to remain good in the second half of the year. The question on everybody's mind is are they going to be good enough to meet expectations.»
Author: Charles Crane
«Interestingly enough, the housing stocks have been on of the strongest sectors this week. I think what's happened is that these stocks were weak prior to where we are right now in the economic cycle because of concerns about Mr. Greenspan and crew raising rates still further. Those concerns have diminished. They haven't completely gone away, but they certainly have diminished in the last few weeks as we've seen more evidence of a cooler economy. Hence, you're starting to see investors say OK, we're probably cruising in for a soft landing and housing should do well in that.»
Author: Charles Crane
«Every silver lining has a cloud. All the glasses that seemed half-full 12 months ago look half-empty now.»
Author: Charles Crane
«The market behaved worse than most anticipated going into this period because the conditions of the economy were worse than any of us judged it to be. Earnings were revised down steadily and that kind of downward revision was not tolerated well.»
Author: Charles Crane
«Of course I'll look at it; it will be useful information.»
Author: Charles Crane
«The sooner we can line up company A against company B and have some modicum of evidence the books have been prepared in a similar fashion, the better off the market is going to be. Even if the bottom line ends up looking mighty lean.»
Author: Charles Crane
«At some point investors are going to cash in some chips. We are getting close to the end of the quarter, and we have to keep that in mind. The next few weeks will be as choppy as the last few, but I wouldn't expect, barring [unforeseen circumstances], the market to have too much risk.»
Author: Charles Crane
«News of some sort of explosion over in the Middle East was conveniently coincidental with the market downturn, so I've got to think that had something to do with it.»
Author: Charles Crane
«Any time you get more than one central banker in a room together the antennas are bound to go up and send a shiver down the market's spine.»
Author: Charles Crane