Quotations
Famous Quotations
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James Awad Quotes
«Stock investors have concluded that the economy was in good shape before Hurricane's Katrina and Rita, and that it has come through the storms in reasonably good shape, with the exception of oil.»
Author: James Awad
«The driving force for the market over coming weeks is going to be earnings -- what were the first quarter results and what is the outlook. You need strong earnings to overcome the headwinds of higher interest rates and inflation, because those aren't going away.»
Author: James Awad
«The line of least resistance is upward when you have all the liquidity in the market. But you've accomplished much of what you're going to accomplish for the year right now.»
Author: James Awad
«I think retail is going to be a very tough place to make money. What's worrying the market now is -- if the Fed is successful in slowing the economy, what does it mean for profits going forward? And that is apparent - that's more clearly an issue in retail than anyplace else. But it is an issue in the market itself that you're going into a period here where profit growth may decelerate; in fact, could flatten out as you have volume gains decelerate in a slowing economy, but cost increases embedded in from the period when you had a strong economy; and that's not exactly a great prescription for profits, and I think that's troubling the stock market.»
Author: James Awad
«The market has done better than I would have thought. You've got some signs that the economy is starting to stabilize -- it looks like the consumer is counteracting the negative effects of the capital spending slowdown in technology.»
Author: James Awad
«This is the wakeup call. We're going to go through a test here where we're going to have a period of turbulence in the market as we report second-quarter earnings and get forward-looking guidance for the third quarter.»
Author: James Awad
«It never pays to be too bearish on the American economy for too long.»
Author: James Awad
«'Sell in May' very well may be the case this year.»
Author: James Awad
«There's really nothing you can do about it because you need a parking spot.»
Author: James Awad
«The positive today is that oil is coming down, the negative is that the housing numbers are worse than expected.»
Author: James Awad