Quotations
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Donald Selkin Quotes
«This shows that investors are ready to take on more of a tolerance for risk.»
Author: Donald Selkin
«There's an internal conflict as Bush tries to satisfy two different constituencies. The public finds reassurance in government taking a harsher stance, but big business is a little conflicted in that it traditionally doesn't want government putting too many regulations on it.»
Author: Donald Selkin
«It think they will match the numbers.»
Author: Donald Selkin
«There's tremendous relief after all the selling, and statistically, we have some verification that this could be a bottom. But that doesn't mean we're going to see another day like this. There's still tremendous negativity.»
Author: Donald Selkin
«Sometimes these things are put out for self-serving reasons. But these short sellers want to cut their losses.»
Author: Donald Selkin
«It's two things. The old cliche is that the market hates uncertainty. So this removes the uncertainty.»
Author: Donald Selkin
«Iraq's army is reportedly weaker than it was in 1991 [during the Gulf war], and our military technology is reportedly a lot stronger. So there's a perception that if there is a war, it will be quick. Everyone's been hoping that once the war is over, corporations and consumers will pick up spending as well, so you have investors not wanting to be left out should that happen.»
Author: Donald Selkin
«Blair is trying to put people's perspective in the right place. Maybe they expected too much in the first week. He's saying that we are making progress and we are going to try and work with the U.N., and that reassures people.»
Author: Donald Selkin
«Right now business stinks, consumer confidence is down, the travel industry is suffering and the economic reports haven't been good and any economic recovery is going to be linked to the war. There haven't been too many first-quarter negative pre-announcements, but I'm still worried about corporate profits in the first quarter.»
Author: Donald Selkin
«The longer the war goes on, the longer confidence levels stay low and businesses and individuals don't spend.»
Author: Donald Selkin