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Joseph Battipaglia Quotes
«The devil's in the details. The key deadline for Iraq is Dec. 8, when it will have to come clean about what they have by means of weapons of mass destruction. It remains to be seen whether the United States and the U.N. are satisfied with those explanations.»
Author: Joseph Battipaglia
«What happens with Iraq is very important in January and February to pretty much set the tone for how the economy will fare for the rest of the year. So when we have that answer, then you can get your market direction. In the meantime, you essentially move sideways.»
Author: Joseph Battipaglia
«In the end, it's not going to have much of an effect. I don't see this as anything more than transitory.»
Author: Joseph Battipaglia
«Investors are not put off now by the onslaught of disappointing earnings expectations. I think we're well through the inflection point where the market will continue to recover, even though earnings estimates will continue to be cut for the next several months.»
Author: Joseph Battipaglia
«Investors have come to understand that the progress in the war on terrorism will influence the economy in 2002.»
Author: Joseph Battipaglia
«Whenever companies come out with warnings, it reminds investors about the perilous nature of the earnings environment at the moment,»
Author: Joseph Battipaglia
«I like the retail group as a whole because now Wall Street has soured on these companies, ... They're worried about the consumer vitality. But don't forget we have an election coming up in November. That actually stirs confidence, interestingly enough. This could be another good Christmas season. Also this summer, we may not see a drought for most of the country, which means people's spending on home and hearth might be a little better than it was last year when it was so tough outside.»
Author: Joseph Battipaglia
«What's going to be positive here is delivered earnings, a fairly bright outlook for the second half by corporations, and a growing comfort among investors that perhaps the tightening initiative by the Fed is coming to a close,»
Author: Joseph Battipaglia
«The bond market still believes that the Fed is an inflation fighter, the bond market still believes that there really isn't inflation today, and they applaud the moves by the Fed to be ready for future,»
Author: Joseph Battipaglia
«The Nasdaq clearly has a positive tone. It's got momentum players back in a big way, going in and out of these stocks at regularly rising prices,»
Author: Joseph Battipaglia