Quotations
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Paul Nolte Quotes
«Wednesday was a pretty good day. For that to continue, I would expect a recovery [on Thursday], and ideally in that last hour of trading.»
Author: Paul Nolte
«We may have broken out of our trading range, but we would like to see some follow-through before we commit additional dollars to the market.»
Author: Paul Nolte
«We could see a 3 to 5 percent rally and still be within the context of a declining market,»
Author: Paul Nolte
«I don't expect to see a sharp movement in stocks -- it will be a gradual erosion over time.»
Author: Paul Nolte
«The economic numbers are driving the bus. As long as the numbers remain kind of weak, if it doesn't look like we're getting much of a turnaround, then markets can continue to slide.»
Author: Paul Nolte
«But that's more of a short-term phenomenon than anything worth paying a lot of attention to, ... it's going to come down to better economic numbers.»
Author: Paul Nolte
«I don't see inflation as a big deal in the classic sense. There are no wage pressures and no cost overruns. We're seeing inflation mainly in the price of gas and other commodities,»
Author: Paul Nolte
«Greenspan is not going to wake up in June of next year and say 'I should have really raised rates more aggressively.' His legacy of price stability is pretty secure so I don't think the last six months of his tenure will destroy it for him.»
Author: Paul Nolte
«Few companies are pounding the table and saying things are terrific so there's not the wild enthusiasm you would expect with a good earnings season,»
Author: Paul Nolte
«The ISM report did have a big impact on the markets, and part of the reason is that the economy is now more of a service economy. And services are going to be much more directly and more immediately impacted by the higher energy prices we have seen.»
Author: Paul Nolte