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Douglas Altabef Quotes
«The market is in a wait-and-see mode. It's waiting for confirmation of an economic recovery, some kind of resolution on Iraq and on what the Federal Reserve is going to do in its meeting this month.»
Author: Douglas Altabef
«I think the market is beset with tenacious negativity. It's a 'glass is half empty' attitude in the market, where bad news is interpreted as bad news and any good news is just OK.»
Author: Douglas Altabef
«You had a terrible day Friday with the market pricing in the reality of these events and you have a continuation of that reaction now. There are no surprises. It's pretty much across-the-board negativity.»
Author: Douglas Altabef
«The U.N. says go slow, the U.S. says the fact that Blix can't find anything is more of a comment on Blix than anything else. The point is, Bush is not going to be deterred by these findings.»
Author: Douglas Altabef
«The market continues to attempt to find a footing. Essentially, we are still somewhat on hold as a result of events unfolding between the United States, Iraq and the United Nations. There just doesn't seem to be a meaningful signal that Iraq has decided to disarm.»
Author: Douglas Altabef
«The real issue is that energy prices keep rising -- it's like an invisible tax on the market and the consumer.»
Author: Douglas Altabef
«The level of resistance [from Iraqis] is low, allowing investors to go back to the idea that war might be brief and the economy may bounce back faster and sooner than it would if this war were protracted.»
Author: Douglas Altabef
«With Iraq off center stage, there is more good to focus on than not. The prospect of a double-dip recession will fade, I think.»
Author: Douglas Altabef
«My sense is that you'll see a few more days of gains as a lot of money managers want to be long the market through the quarter end.»
Author: Douglas Altabef
«I'm just amazed the market has been as strong as it has in the past few days.»
Author: Douglas Altabef