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Robert Philips Quotes
«And there's a lack of clarity about the economic impact of Katrina.»
Author: Robert Philips
«The market has been oversold with all the fear. So partly, you're seeing a response to that,»
Author: Robert Philips
«It's been a difficult week or two for the stock market. It seems like as soon as we get past one thing, we have another. Overall, it seems the confluence of negative news is making people jittery.»
Author: Robert Philips
«It'll give some clarity about interest rates, whether the market can break out of this range, and will give us some indications about the presidential election. The better the jobs number, the better for Bush's re-election campaign, and for some on Wall Street, that's preferable, because they know what his policies are, and someone else coming in is more of an unknown.»
Author: Robert Philips
«Advertising dollars are more targeted to the 25-44 age group.»
Author: Robert Philips
«The stock market initially got pretty spooked by the strong March payrolls number, ... At that time, the futures market was signaling no rate hike until November. Now, it's signaling August.»
Author: Robert Philips
«You've got the whole unsettled war threat hanging over us, a slew of corporate malfeasance, and worries that economic recovery won't be as good as expected in the second half of the year, ... But people are getting sick of this, which is the kind of reaction you have when a bottom is being set. So maybe that's one positive.»
Author: Robert Philips
«On the day, you're just seeing traders take some profits in response to an overbought condition after the rally, but longer-term there is a real concern about the bond market being at a 45-year low and the risks of deflation,»
Author: Robert Philips
«The PPI today obviously affected the bond market, ... Stocks are more neutral right now in that you have oil stocks, materials and drug stocks doing well today, and that's countering the concerns about inflation.»
Author: Robert Philips
«You have technology showing leadership again today, but I think you'll see a rotational shift by the end of the month, with investors pulling money out of sectors like tech and industrials and putting it into those that have performed less well, like pharmaceuticals,»
Author: Robert Philips