Quotations
Famous Quotations
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Paul Mendelsohn Quotes
«You've got crude at $66.50 a barrel, and that's clearly not positive for the market.»
Author: Paul Mendelsohn
«Everyone is setting up for tomorrow's employment reports. It's a big mover of all markets, so people don't want to be caught on the wrong side. People want to go in neutral. We'll see this position squaring across the board ahead of that number.»
Author: Paul Mendelsohn
«It's a big week on the international front and not just from our side. The Bank of England and the Bank of Canada will be making announcements next week plus the Bank of Japan says it's going to start draining liquidity from its system in advance of its first rate hike in years.»
Author: Paul Mendelsohn
«The employment situation is always a market mover because it is one of the Fed's favorite indicators when it comes to designing their policy statement.»
Author: Paul Mendelsohn
«It wasn't a good day across a lot of sectors. The rise we saw in the 10-year Treasury spooked some investors today. With the yield curve flattening, it could translate into a slowdown in the housing market.»
Author: Paul Mendelsohn
«It's a heavy earnings day, so we're going to get a good feel for earnings from a number of different sectors. So far earnings have been good, with 70 percent of companies beating expectations.»
Author: Paul Mendelsohn
«In Europe, oil and commodity stocks were higher again and that seems to be the theme with crude oil above $74 this morning... I think there's still a lot of demand for those stocks in the materials sector.»
Author: Paul Mendelsohn
«Earnings have still remained an overall positive here.»
Author: Paul Mendelsohn
«It's not that the earnings we've seen so far have been bad, ... it's that you have companies like Pfizer saying they've lost visibility for 2006 and 2007 and maybe beyond that.»
Author: Paul Mendelsohn
«One of the recent themes has been the falling dollar, higher materials and commodities. If that is reversing, you could see a rotation out of materials and commodities. At the same time, oils are getting hit by falling crude prices.»
Author: Paul Mendelsohn