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Marshall Acuff Quotes
«It's not clear that the Fed is going to move in June. Perhaps, the Fed moves late summer/early fall, if even then. What is clear is that the economy's momentum, which was quite strong in the first quarter, is indeed slowing down It is also clear that profit momentum for the year is going to be slow.»
Author: Marshall Acuff
«I think there is a 40 percent possibility that we will hit a recession next year.»
Author: Marshall Acuff
«I think this could go on for another year or more. There is no short-term resolution of the major issues in sight.»
Author: Marshall Acuff
«This market is on a roll. As long as we have an environment of slow growth, low inflation, low interest rates, the market's going to go higher.»
Author: Marshall Acuff
«I expect the key is the Fed continues to tighten credit as we go forward. What this is going to mean for the profit picture is more critical for stocks.»
Author: Marshall Acuff
«Clearly today the catalyst was the better-than-expected productivity report. All that feeds into the techs.»
Author: Marshall Acuff
«We may still have some bumpiness here for a while.»
Author: Marshall Acuff
«The market wants to go up, but there just isn't enough 'oomph' there.»
Author: Marshall Acuff
«A number of the 'old-economy' stocks, and I've cited the financials in recent weeks as an example, are no longer going down in price. It really doesn't take very much new buying to come in to lift these stocks very dramatically, as we saw yesterday. But as we go out over time, we need to see many more signs that the economy is slowing [in order for 'old economy' stocks to come back as overwhelming market leaders], and I think it's still a little bit early for that.»
Author: Marshall Acuff
«All those people who were waxing so bullish early in the year are now finding out the reality, that growth is slowing.»
Author: Marshall Acuff